https://www.taxtmi.com/caselaws?id=311476 The Court ruled in favor of the Petitioners, determining that secured debts take precedence over tax arrears unless a statutory provision grants the Income Tax Department priority. The Court referenced a Division Bench judgment, affirming that tax arrears may only have priority over unsecured debts. Consequently, the Court allowed the writ petitions and directed the first Respondent to file the sale certificates in accordance with the Registration Act, despite the Income Tax Department's attachment claims. en-us Thu, 07 Jul 2011 00:00:00 +0530 Thu, 28 Dec 2023 15:47:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311476 The Court ruled in favor of the Petitioners, determining that secured debts take precedence over tax arrears unless a statutory provision grants the Income Tax Department priority. The Court referenced a Division Bench judgment, affirming that tax arrears may only have priority over unsecured debts. Consequently, the Court allowed the writ petitions and directed the first Respondent to file the sale certificates in accordance with the Registration Act, despite the Income Tax Department's attachment claims. Case-Laws Indian Laws Thu, 07 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311476