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2002 (7) TMI 91 - HC - Income TaxPurchase Of Immovable Property By Central Government - order passed by the appropriate authority - It appears that the appropriate authority while assessing the value of the aforesaid two flats has not only relied on the amount of the consideration of the said two sale instances mentioned in the report at the time of sale, but has sought to value the same on the date of enquiry by adding time lag for seven months at the rate of 1.5 per cent per annum., age of the building of the Trivoli Court and architectural consideration. The aforesaid basis or method had never been disclosed to the petitioner, nor any opportunity was given to rebut the same. In my view, the appropriate authority ought not to have adopted such method or material for valuation, which were not supplied nor informed to the petitioner. They should have proceeded on the basis of the materials and/or information supplied to the petitioner. Therefore, in my view, the appropriate authority has substantially breached the principle of natural justice.
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