Ensure Compliance with Section 269D(2) of Income-tax Act: Serve Notices to All Parties to Avoid Nullified Proceedings.

The Board has observed instances where notices under section 269D(2) of the Income-tax Act, 1961 were not served to all relevant parties, leading to the nullification of acquisition proceedings by appellate authorities. Courts have ruled that failing to serve these notices denies statutory rights, rendering proceedings illegal. The Additional Solicitor General advised against appealing such decisions, emphasizing the importance of these statutory safeguards. Consequently, the Board instructs Commissioners of Income-tax to ensure compliance with section 269D(2) by serving notices to all involved parties, including transferors, transferees, and others with an interest in the property.

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