https://www.taxtmi.com/caselaws?id=17713 The court quashed the order passed under section 269UC of the Income-tax Act, 1961, in a case involving a real estate company's sale of property. It found the petitioner was not given a proper opportunity to explain before the order was issued, remanding the case for fresh consideration. The judgment also discussed the court's jurisdiction, determining concurrent jurisdiction in Calcutta, Patna, and Lucknow. Emphasizing the need for adequate opportunity, the court directed a fresh order be passed after affording the petitioner a fair hearing. The decision highlighted the importance of due process and thorough review in such matters. en-us Fri, 22 Nov 1996 00:00:00 +0530 Thu, 24 Sep 2009 12:59:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17713 The court quashed the order passed under section 269UC of the Income-tax Act, 1961, in a case involving a real estate company's sale of property. It found the petitioner was not given a proper opportunity to explain before the order was issued, remanding the case for fresh consideration. The judgment also discussed the court's jurisdiction, determining concurrent jurisdiction in Calcutta, Patna, and Lucknow. Emphasizing the need for adequate opportunity, the court directed a fresh order be passed after affording the petitioner a fair hearing. The decision highlighted the importance of due process and thorough review in such matters. Case-Laws Income Tax Fri, 22 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17713