https://www.taxtmi.com/caselaws?id=296933 Government land under a registered agreement showing only permissive use by a spinning mill could not be treated as the mill's asset for recovery of commercial tax arrears, so the Commercial Tax Department had no basis to auction it. The auction cancellation was upheld as legally valid, and the bidder's request for confirmation of sale failed. As the bid amount had not been refunded, return of the bid money with interest at prevailing bank rates was directed. en-us Tue, 23 Mar 2021 00:00:00 +0530 Wed, 11 Aug 2021 21:23:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296933 Government land under a registered agreement showing only permissive use by a spinning mill could not be treated as the mill's asset for recovery of commercial tax arrears, so the Commercial Tax Department had no basis to auction it. The auction cancellation was upheld as legally valid, and the bidder's request for confirmation of sale failed. As the bid amount had not been refunded, return of the bid money with interest at prevailing bank rates was directed. Case-Laws VAT and Sales Tax Tue, 23 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296933