https://www.taxtmi.com/caselaws?id=13986 Under Chapter XX-C of the Income-tax Act, the appropriate authority had to decide within the statutory period whether to issue a no objection certificate or order pre-emptive purchase. The communication issued after expiry of that period was held invalid and unsustainable. On merits, the materials did not establish delivery of possession in part performance so as to amount to a transfer under section 269UA(f); the purchaser's possession was treated as permissive possession for alterations, not possession under section 53A of the Transfer of Property Act, 1882. The cited precedents were found inapplicable because they involved admitted delivery of possession in part performance. en-us Thu, 19 Jul 2001 00:00:00 +0530 Tue, 07 Jul 2009 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13986 Under Chapter XX-C of the Income-tax Act, the appropriate authority had to decide within the statutory period whether to issue a no objection certificate or order pre-emptive purchase. The communication issued after expiry of that period was held invalid and unsustainable. On merits, the materials did not establish delivery of possession in part performance so as to amount to a transfer under section 269UA(f); the purchaser's possession was treated as permissive possession for alterations, not possession under section 53A of the Transfer of Property Act, 1882. The cited precedents were found inapplicable because they involved admitted delivery of possession in part performance. Case-Laws Income Tax Thu, 19 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13986