https://www.taxtmi.com/caselaws?id=414326 The court set aside the impugned order declaring the transfer of immovable property void under Section 281 of the Income Tax Act, emphasizing the petitioners' entitlement to protection as bona fide purchasers for adequate consideration. The court highlighted procedural lapses, lack of authority of the Tax Recovery Officer to void transfers, and closed pending petitions without costs. en-us Tue, 28 Sep 2021 00:00:00 +0530 Tue, 02 Nov 2021 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414326 The court set aside the impugned order declaring the transfer of immovable property void under Section 281 of the Income Tax Act, emphasizing the petitioners' entitlement to protection as bona fide purchasers for adequate consideration. The court highlighted procedural lapses, lack of authority of the Tax Recovery Officer to void transfers, and closed pending petitions without costs. Case-Laws Income Tax Tue, 28 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414326