https://www.taxtmi.com/caselaws?id=18341 Section 269UC(4) of the Income-tax Act was applied to Form No. 37-I as a rectification mechanism for defective statements, including defects going to the root of the transaction. An agreement that is illegal, void, or otherwise unenforceable cannot support a valid statutory statement, and the appropriate authority may require a fresh filing. The Tamil Nadu Urban Land (Ceiling and Regulation) Act barred transfer of excess vacant land until the statutory process was completed, so the proposed sale was void and could not be acted upon. The defect justified treating the application as defective and directing a fresh application. en-us Fri, 21 Jun 1996 00:00:00 +0530 Wed, 30 Sep 2009 12:45:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18341 Section 269UC(4) of the Income-tax Act was applied to Form No. 37-I as a rectification mechanism for defective statements, including defects going to the root of the transaction. An agreement that is illegal, void, or otherwise unenforceable cannot support a valid statutory statement, and the appropriate authority may require a fresh filing. The Tamil Nadu Urban Land (Ceiling and Regulation) Act barred transfer of excess vacant land until the statutory process was completed, so the proposed sale was void and could not be acted upon. The defect justified treating the application as defective and directing a fresh application. Case-Laws Income Tax Fri, 21 Jun 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18341