https://www.taxtmi.com/caselaws?id=16017 Clearance under section 230A of the Income-tax Act was held to depend on a prospective registrable document, an interest sought to be transferred by the applicant, and satisfaction of the applicable value threshold. The Court also treated each application as requiring independent consideration by the Income-tax Officer. Relief was refused because the writ petitioners took inconsistent positions: their writ case asserted one ownership structure, while the prescribed application form stated a different bifurcation of legal, equitable and beneficial ownership. Those contradictions prevented interference with the refusal of clearance. en-us Fri, 10 Jul 1998 00:00:00 +0530 Mon, 31 Aug 2009 15:17:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16017 Clearance under section 230A of the Income-tax Act was held to depend on a prospective registrable document, an interest sought to be transferred by the applicant, and satisfaction of the applicable value threshold. The Court also treated each application as requiring independent consideration by the Income-tax Officer. Relief was refused because the writ petitioners took inconsistent positions: their writ case asserted one ownership structure, while the prescribed application form stated a different bifurcation of legal, equitable and beneficial ownership. Those contradictions prevented interference with the refusal of clearance. Case-Laws Income Tax Fri, 10 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16017