Secured Creditor is having priority charge over the dues of Income Tax Department
Last updated: 26 August 2021
Court :
Bombay High Court
Brief :
In Edelweiss Asset Reconstruction Co. Ltd. v. Tax Recovery Officer, Income-Tax Department and Ots [Writ Petition (L) No. 7964 OF 2021 dated July 28, 2021] Edelweiss Asset Reconstruction Co. Ltd ('the Petitioner') has filed the current petition being aggrieved with the Order of Attachment dated January 17, 2013 passed by Tax Recovery Officer ('the Respondent') for seeking recovery of Income Tax dues from the Classic Diamonds (India) Ltd. ('the Borrower').
Citation :
Writ Petition (L) No. 7964 OF 2021 dated July 28, 2021
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Bimal Jain
Published in Income Tax
Views : 140
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