https://www.taxtmi.com/caselaws?id=392516 The Court rejected the writ-application challenging the show-cause notice and auction sale under Section 179 of the Income Tax Act, 1961. Previous applications were dismissed, emphasizing the finality of the tax order. The auction sale was deemed concluded, with the company's substantial tax default noted. The Court deemed interference in the auction belated and unwarranted, rejecting the writ-application but allowing a review application under Section 154. The decision highlighted the impracticality of disturbing the auction at a late stage, emphasizing the finality of the tax order and the need to address auction irregularities through appropriate channels. en-us Mon, 10 Feb 2020 00:00:00 +0530 Mon, 18 May 2020 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392516 The Court rejected the writ-application challenging the show-cause notice and auction sale under Section 179 of the Income Tax Act, 1961. Previous applications were dismissed, emphasizing the finality of the tax order. The auction sale was deemed concluded, with the company's substantial tax default noted. The Court deemed interference in the auction belated and unwarranted, rejecting the writ-application but allowing a review application under Section 154. The decision highlighted the impracticality of disturbing the auction at a late stage, emphasizing the finality of the tax order and the need to address auction irregularities through appropriate channels. Case-Laws Income Tax Mon, 10 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392516