https://www.taxtmi.com/caselaws?id=19237 Under Chapter XXC of the Income-tax Act, the appropriate authority, after considering a transfer statement, must either pre-emptively purchase the property or decline purchase and issue the no objection certificate. It cannot withhold the certificate on the basis of alleged violations under another statute once it has decided not to acquire the property. Such extraneous issues may affect the acquisition decision, but the certificate does not validate any transaction contrary to other laws or grant immunity from action under them. The refusal to issue the certificate on that ground was held unsustainable and the matter was remitted for fresh consideration. en-us Thu, 12 Jan 1995 00:00:00 +0530 Wed, 04 Nov 2009 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19237 Under Chapter XXC of the Income-tax Act, the appropriate authority, after considering a transfer statement, must either pre-emptively purchase the property or decline purchase and issue the no objection certificate. It cannot withhold the certificate on the basis of alleged violations under another statute once it has decided not to acquire the property. Such extraneous issues may affect the acquisition decision, but the certificate does not validate any transaction contrary to other laws or grant immunity from action under them. The refusal to issue the certificate on that ground was held unsustainable and the matter was remitted for fresh consideration. Case-Laws Income Tax Thu, 12 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19237