Secured debt would have priority over the ‘Government’ dues/tax under the Income Tax Act

FEMA, BANKING amp; INSURANCE: Charge of secured creditor would have priority over Government dues under Income Tax Act

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000316221/secured-debt-would-have-priority-over-the-‘government’-duestax-under-the-income-tax-act.aspx