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2002 (10) TMI 36 - HC - Income TaxProceedings of the first respondent-Appropriate Authority, passed under section 269UD - Whether the petitioner was entitled for writ of certiorari to call for the proceedings and quash the same - The appropriate authority has considered all the objections and it is not as if it has either not adverted to or failed to consider the objections. On a comparison of the two sales which are comparable in all respects the appropriate authority has come to the right conclusion that the presumption drawn by it as detailed in the show cause notice stands unrebutted and this is a fit case where it should exercise pre-emptive right to purchase the schedule property under transfer at an amount equal to the amount of discounted consideration for the reasons discussed in its order. - writ petitions are dismissed
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