https://www.taxtmi.com/caselaws?id=275471 Chapter XX-C pre-emptive purchase proceedings require a reasonable opportunity of hearing and disclosure of the valuation basis before compulsory purchase is ordered. However, procedural objections on notice and recorded reasons do not invalidate the purchase where the transaction has already been completed, the consideration has been returned without protest, and possession has been taken. In that situation, the completed and acted-upon transaction is not unsettled by challenge to the purchase order. The writ petitions were dismissed, and the challenge failed because the transaction had been fully carried through and accepted. en-us Fri, 17 Apr 1998 00:00:00 +0530 Thu, 04 Oct 2018 15:44:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275471 Chapter XX-C pre-emptive purchase proceedings require a reasonable opportunity of hearing and disclosure of the valuation basis before compulsory purchase is ordered. However, procedural objections on notice and recorded reasons do not invalidate the purchase where the transaction has already been completed, the consideration has been returned without protest, and possession has been taken. In that situation, the completed and acted-upon transaction is not unsettled by challenge to the purchase order. The writ petitions were dismissed, and the challenge failed because the transaction had been fully carried through and accepted. Case-Laws Income Tax Fri, 17 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275471