Court Orders Income Tax Dept to Refund Auction Payment with Interest for Failing to Transfer Property Possession. https://www.taxtmi.com/highlights?id=67669 Auction of property by the Department to recover tax - Income Tax Department cannot put the entire matter in cold storage and keep the purchaser running from pillar to post to recover the moneies paid by them towards the purchase price along with interest. It is not clear as to why the possession of the property has not been handed over to the purchaser / appellants - Refund of money deposited by the Auction purchaser with interest allowed - HC en-us Thu, 12 Jan 2023 08:03:42 +0530 Thu, 12 Jan 2023 08:03:42 +0530 TaxTMI RSS Generator Court Orders Income Tax Dept to Refund Auction Payment with Interest for Failing to Transfer Property Possession. https://www.taxtmi.com/highlights?id=67669 Auction of property by the Department to recover tax - Income Tax Department cannot put the entire matter in cold storage and keep the purchaser running from pillar to post to recover the moneies paid by them towards the purchase price along with interest. It is not clear as to why the possession of the property has not been handed over to the purchaser / appellants - Refund of money deposited by the Auction purchaser with interest allowed - HC Highlights Income Tax Thu, 12 Jan 2023 08:03:42 +0530 https://www.taxtmi.com/highlights?id=67669