https://www.taxtmi.com/caselaws?id=20340 A writ petitioner may maintain a challenge under Article 226 where a legally protected contractual right to acquire immovable property is directly affected, even before title passes. The note also explains that, for Chapter XX-C transfers, apparent consideration must be assessed from the true substance of the agreement, including non-monetary obligations and third-party remuneration such as construction commitments and brokerage burdens. On the facts described, the authority erred in excluding those elements and in valuing the construction obligation incorrectly, so the purchase order was beyond jurisdiction and could not stand. en-us Fri, 11 Sep 1992 00:00:00 +0530 Fri, 13 Nov 2009 13:31:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20340 A writ petitioner may maintain a challenge under Article 226 where a legally protected contractual right to acquire immovable property is directly affected, even before title passes. The note also explains that, for Chapter XX-C transfers, apparent consideration must be assessed from the true substance of the agreement, including non-monetary obligations and third-party remuneration such as construction commitments and brokerage burdens. On the facts described, the authority erred in excluding those elements and in valuing the construction obligation incorrectly, so the purchase order was beyond jurisdiction and could not stand. Case-Laws Income Tax Fri, 11 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20340