https://www.taxtmi.com/caselaws?id=19509 The court found the appropriate authority's order for pre-emptive purchase unjustified as the apparent consideration was not significantly lower than the market value. The court quashed the order, directing the authority to issue a certificate in favor of the petitioners. The judgment emphasized the importance of proper valuation and adherence to legal provisions in property transactions, ensuring fair treatment of parties involved. en-us Sun, 24 Apr 1994 00:00:00 +0530 Fri, 06 Nov 2009 16:26:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19509 The court found the appropriate authority's order for pre-emptive purchase unjustified as the apparent consideration was not significantly lower than the market value. The court quashed the order, directing the authority to issue a certificate in favor of the petitioners. The judgment emphasized the importance of proper valuation and adherence to legal provisions in property transactions, ensuring fair treatment of parties involved. Case-Laws Income Tax Sun, 24 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19509