Home Case Index All Cases Income Tax Income Tax + SC Income Tax - 2001 (5) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2001 (5) TMI 5 - SC - Income TaxPurchase of Immovable Property - proceedings initiated u/s XX-C of the Income-tax Act, 1961, seeking t acquire certain properties on the ground that the consideration disclosed in the sale documents fell short of the real market value of the property - Whether, HC was justified in coming to the conclusion that the sum tendered by the Central Government, was beyond the stipulated period u/s 269UG, thus attracting the wrath of s. 269UH . resulting in abrogation of the purchase order - Held, yes
|