Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Objection procedure for acquisition of immovable property allows interested parties to challenge applicability based on fair market value test. Objections to acquisition notices may be filed by transferors, transferees, specified persons or other interested parties within prescribed timeframes; all objections must be in writing to the competent authority. Objections may allege that the provision treating transfers as evasion-counteracting does not apply because the fair market value does not exceed the apparent consideration by more than twenty-five percent.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Objection procedure for acquisition of immovable property allows interested parties to challenge applicability based on fair market value test.
Objections to acquisition notices may be filed by transferors, transferees, specified persons or other interested parties within prescribed timeframes; all objections must be in writing to the competent authority. Objections may allege that the provision treating transfers as evasion-counteracting does not apply because the fair market value does not exceed the apparent consideration by more than twenty-five percent.
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