Supreme Court · 2015 INSC 826 · Decided 4 November 2015

Unitech LTD. &ANR. v. Union of India & ANR.

Court
Supreme Court of India
Citation
2015 INSC 826 · [2015] 12 S.C.R. 992
Case number
CIVIL APPEAL No. 430/2007
Decided
4 November 2015
Bench
MADAN B. LOKUR, S.A. BOBDE (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
Income Tax Act

Headnote

12 S.C.R. 992 UNITECH LTD. &ANR. v. UNION OF INDIA&ANR. (Civil Appeal No. 430 of 2007) NOVEMBER 04, 2015 [MADAN B.·LOKURAND S.A. BOBDE, JJ.) Income Tax Act, 1961 - Chapter XXC, s. 269UD - · c Compulsory pre-emptive purchase - Appellant no. 2 obtained land on lease and of appellant as consideration - Submission of statement u/s. 269UC by appellant- Issi.Janee of show cause notice by revenue authorities that there was undervaluation of the property - Objections by the appellant - Rejection of E the objections and order of compulsory pre-empti11-e purchase

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