Income Tax Act, 1961
Sch. II Part III Rule 53. CONTENTS OF PROCLAMATION.
A proclamation of sale of immovable property shall be drawn up after notice to the defaulter, and shall state the time and place of sale, and shall specify, as fairly and accurately as possible, – (a) The property to be sold;
(b) The revenue, if any, assessed upon the property or any part thereof;
(c) The amount for the recovery of which the sale is ordered;
(cc) The reserve price, if any, below which the property may not be sold; and
(d) Any other thing which the Tax Recovery Officer considers it material for a purchaser to know in order to judge the nature and value of the property.
