https://www.taxtmi.com/caselaws?id=18601 The court determined that the initiation of acquisition proceedings under Chapter XXA of the Income-tax Act, 1961 is complete upon publication of the notice in the Official Gazette. Compliance with procedural requirements under sections 269D(1) and 269D(2) is crucial, with the primary initiation being the publication in the Official Gazette. The court emphasized that any defects in procedural compliance would not affect the competent authority's jurisdiction. The limitation period of nine months for serving notices on transferors/transferees was clarified to start from the date of service. The appeal was accepted, the Tribunal's order was set aside, and the competent authority's order was restored for further proceedings. en-us Thu, 14 Dec 1995 00:00:00 +0530 Fri, 30 Oct 2009 16:37:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18601 The court determined that the initiation of acquisition proceedings under Chapter XXA of the Income-tax Act, 1961 is complete upon publication of the notice in the Official Gazette. Compliance with procedural requirements under sections 269D(1) and 269D(2) is crucial, with the primary initiation being the publication in the Official Gazette. The court emphasized that any defects in procedural compliance would not affect the competent authority's jurisdiction. The limitation period of nine months for serving notices on transferors/transferees was clarified to start from the date of service. The appeal was accepted, the Tribunal's order was set aside, and the competent authority's order was restored for further proceedings. Case-Laws Income Tax Thu, 14 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18601