https://www.taxtmi.com/caselaws?id=13322 In compulsory acquisition proceedings under Chapter XX-C of the Income-tax Act, 1961, the show-cause notice had to disclose the material and comparable instance forming the basis of the Appropriate Authority's tentative conclusion of undervaluation. A notice that merely alleged undervaluation, without revealing the basis later relied on in the acquisition order, denied the affected party an effective opportunity to rebut the proposed action and breached natural justice. The omission was not cured by the absence of a request for particulars, because the duty of disclosure rested on the authority itself. The acquisition order was therefore unsustainable and was set aside. en-us Tue, 03 Oct 2006 00:00:00 +0530 Thu, 28 May 2009 11:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13322 In compulsory acquisition proceedings under Chapter XX-C of the Income-tax Act, 1961, the show-cause notice had to disclose the material and comparable instance forming the basis of the Appropriate Authority's tentative conclusion of undervaluation. A notice that merely alleged undervaluation, without revealing the basis later relied on in the acquisition order, denied the affected party an effective opportunity to rebut the proposed action and breached natural justice. The omission was not cured by the absence of a request for particulars, because the duty of disclosure rested on the authority itself. The acquisition order was therefore unsustainable and was set aside. Case-Laws Income Tax Tue, 03 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13322