https://www.taxtmi.com/caselaws?id=69979 The Tribunal annulled the competent authority's order dated 7th March, 1988, due to various reasons, including the invalid initiation of proceedings, failure to apply Circular No. 455, and lack of proper service of notice. The judgment highlighted the importance of meeting all prerequisites for valid acquisition proceedings and the need for separate evaluation of each transferor's property. en-us Tue, 31 May 1988 00:00:00 +0530 Wed, 13 Apr 2011 11:53:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69979 The Tribunal annulled the competent authority's order dated 7th March, 1988, due to various reasons, including the invalid initiation of proceedings, failure to apply Circular No. 455, and lack of proper service of notice. The judgment highlighted the importance of meeting all prerequisites for valid acquisition proceedings and the need for separate evaluation of each transferor's property. Case-Laws Income Tax Tue, 31 May 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69979