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2019 (12) TMI 84 - SC - Income TaxReview petition - pre-emptive purchase passed by the appropriate authority u/s 269UD - HELD THAT:- In appeal before this Court, the appellants reiterated largely the same submissions which were addressed in the High Court and also put forward a few new submissions. However, this Court found no reason to accept those submissions while holding that the appropriate authority and the High Court were right in their respective approach, the reasoning and the conclusion. This Court found that a categorical finding was recorded by the appropriate authority that the fair market value of the property in question was 15% more than the apparent consideration mentioned by the parties in the agreement of sale. This Court found no reason to hold a fresh inquiry into the issues, which are largely of facts, particularly when the issues had already been examined at four stages i.e., first by the appropriate authority; then by the learned Single Judge of the High Court; further by the Division Bench of the High Court in intra-court appeal; and lastly, again by the Division Bench of the High Court in review petition. In the totality of the circumstances of the case, after having gone through the contents of the review petitions, we do not find any error apparent on the face of record so as to reconsider the matter over again; and we see no reason to interfere.
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