https://www.taxtmi.com/caselaws?id=212492 Chapter XXC of the Income-tax Act did not apply where an original flat allotment pre-dated the chapter's commencement and later documents only continued the same arrangement. A subsequent tripartite agreement and fresh allotment letter, which merely substituted one builder for another and modified terms such as rate and area, were treated as a continuation of the earlier contract rather than a novation creating a fresh transaction. On that basis, the compulsory purchase power under Chapter XXC was unavailable, and the matter fell within Chapter XXA instead. en-us Mon, 24 Oct 2011 00:00:00 +0530 Thu, 22 Nov 2012 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212492 Chapter XXC of the Income-tax Act did not apply where an original flat allotment pre-dated the chapter's commencement and later documents only continued the same arrangement. A subsequent tripartite agreement and fresh allotment letter, which merely substituted one builder for another and modified terms such as rate and area, were treated as a continuation of the earlier contract rather than a novation creating a fresh transaction. On that basis, the compulsory purchase power under Chapter XXC was unavailable, and the matter fell within Chapter XXA instead. Case-Laws Income Tax Mon, 24 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212492