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2001 (5) TMI 5

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..... as "the Act"), seeking to acquire certain properties on the ground that the consideration disclosed in the sale documents fell short of the real market value of the property. When that action was challenged before the High Court in writ proceedings it was found by the High Court that the sum of Rs. 23,13,994 tendered by the Central Government on September 6, 1993, was beyond the stipulated period .....

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..... ms of section 269UG of the Act is as follows: "The Chief Commissioner of Income-tax, New Delhi, has been authorised by the Central Government to tender the amount equal to the amount of apparent consideration under sections 269UF and 269UG of the Act." All that is sought to be done by this letter is that the Chief Commissioner is authorised by the Central Government to tender the amount to the .....

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