https://www.taxtmi.com/caselaws?id=404950 A purchaser of property was treated as protected from the vendor's sales tax arrears where the purchase was made for adequate consideration, without notice of the arrears, and not from the defaulting assessee itself. The property had been offered as security under Form XIX-B for a limited sum under the Tamil Nadu General Sales Tax Act, 1959, so the Department's claim could not extend beyond the secured amount. Section 24-A protected the purchaser on these facts, and the cited precedents were distinguished. The practical effect was that liability was confined to the mortgage security amount, after which the property stood free from encumbrance. en-us Tue, 02 Mar 2021 00:00:00 +0530 Mon, 08 Mar 2021 09:29:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404950 A purchaser of property was treated as protected from the vendor's sales tax arrears where the purchase was made for adequate consideration, without notice of the arrears, and not from the defaulting assessee itself. The property had been offered as security under Form XIX-B for a limited sum under the Tamil Nadu General Sales Tax Act, 1959, so the Department's claim could not extend beyond the secured amount. Section 24-A protected the purchaser on these facts, and the cited precedents were distinguished. The practical effect was that liability was confined to the mortgage security amount, after which the property stood free from encumbrance. Case-Laws VAT and Sales Tax Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404950