https://www.taxtmi.com/caselaws?id=3388 Compulsory purchase under Chapter XX-C of the Income-tax Act required disclosure of the sale instances relied upon, because non-supply of that material denied the petitioners a meaningful opportunity to meet the case and offended natural justice. The authority also had to establish undervaluation through reliable comparable transactions; reliance on sales from different buildings was weaker than a same-building sale of an identical flat. On the figures recorded, the comparison did not justify compulsory acquisition, so the acquisition order was unsustainable and was set aside. en-us Mon, 09 Oct 2006 00:00:00 +0530 Tue, 29 Jul 2008 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3388 Compulsory purchase under Chapter XX-C of the Income-tax Act required disclosure of the sale instances relied upon, because non-supply of that material denied the petitioners a meaningful opportunity to meet the case and offended natural justice. The authority also had to establish undervaluation through reliable comparable transactions; reliance on sales from different buildings was weaker than a same-building sale of an identical flat. On the figures recorded, the comparison did not justify compulsory acquisition, so the acquisition order was unsustainable and was set aside. Case-Laws Income Tax Mon, 09 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3388