https://www.taxtmi.com/caselaws?id=25580 The court set aside the auction sale of a property conducted by the Income-tax Department for income tax arrears recovery. It found discrepancies in the auction process and terms of sale, especially regarding the reserve price and sale conditions. The court emphasized the need for compliance with statutory rules in auction sales, ordering a fresh sale to ensure fairness and legality for all parties involved. en-us Tue, 25 Aug 1987 00:00:00 +0530 Fri, 29 Jan 2010 15:31:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25580 The court set aside the auction sale of a property conducted by the Income-tax Department for income tax arrears recovery. It found discrepancies in the auction process and terms of sale, especially regarding the reserve price and sale conditions. The court emphasized the need for compliance with statutory rules in auction sales, ordering a fresh sale to ensure fairness and legality for all parties involved. Case-Laws Income Tax Tue, 25 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25580