https://www.taxtmi.com/caselaws?id=427994 The court quashed the communication instructing registration of a charge on properties acquired through auction, ruling in favor of the petitioner. The court emphasized the need for proactive measures by revenue authorities to secure assets and clarified that Section 24A aims to protect bona fide purchases from tax evasion, which was applicable in this case. The judgment highlighted the importance of lawful property transfers and concluded by allowing the writ petition and closing connected miscellaneous petitions without costs. en-us Wed, 22 Jun 2022 00:00:00 +0530 Thu, 22 Sep 2022 07:39:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427994 The court quashed the communication instructing registration of a charge on properties acquired through auction, ruling in favor of the petitioner. The court emphasized the need for proactive measures by revenue authorities to secure assets and clarified that Section 24A aims to protect bona fide purchases from tax evasion, which was applicable in this case. The judgment highlighted the importance of lawful property transfers and concluded by allowing the writ petition and closing connected miscellaneous petitions without costs. Case-Laws VAT and Sales Tax Wed, 22 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427994