1994 (4) TMI 26

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d the order dated June 15, 1993 passed by the appropriate authority of the Income-tax Department under Chapter XXC, i.e., section 269UD of the Income-tax Act, 1961. The said order is the common order in all these cases. It has been assailed on many grounds but we take up one of the main points taken for assailing the order dated June 15, 1993, and that is that there has been violation of the princ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... w that the order in question is infirm. We quash the said order in all the three cases. It is, however, open to the Revenue to proceed further in the matter, in accordance with law. Learned counsel for the petitioners assailed the entire proceeding on many other grounds, for example, it was argued that the provisions of Chapter XX-C of the Income-tax Act are totally inapplicable, that no reasona .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X