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)
Central Government purchase power applies after receipt of transfer statement, subject to hearing and specified grounds. The appropriate authority, on receipt of the prescribed transfer statement, may order the Central Government to purchase immovable property at an amount equal to the apparent consideration, subject to statutory limitation periods and special reckonings for rectified statements, misfiled submissions and vacated court stays. Before ordering purchase the authority must afford a reasonable opportunity to be heard to the transferor, occupier, transferee and other known interested persons, specify the grounds of the order, and serve a copy of the order on those parties.
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.
Central Government purchase power applies after receipt of transfer statement, subject to hearing and specified grounds.
The appropriate authority, on receipt of the prescribed transfer statement, may order the Central Government to purchase immovable property at an amount equal to the apparent consideration, subject to statutory limitation periods and special reckonings for rectified statements, misfiled submissions and vacated court stays. Before ordering purchase the authority must afford a reasonable opportunity to be heard to the transferor, occupier, transferee and other known interested persons, specify the grounds of the order, and serve a copy of the order on those parties.
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