https://www.taxtmi.com/caselaws?id=25642 The court ruled that undertakings are necessary from petitioners involved in proceedings under Chapter XXC of the Income-tax Act, 1961. The directives include filing affidavits, providing property details, and refraining from property transactions. Non-compliance will lead to vacation of stay orders. The court set timelines for further proceedings, expediting hearings and withholding consideration amounts until resolution. The judgment aims to ensure compliance with legal provisions under Chapter XXC and address issues related to property transactions under section 269UD of the Act. en-us Tue, 27 Jan 1987 00:00:00 +0530 Fri, 29 Jan 2010 18:49:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25642 The court ruled that undertakings are necessary from petitioners involved in proceedings under Chapter XXC of the Income-tax Act, 1961. The directives include filing affidavits, providing property details, and refraining from property transactions. Non-compliance will lead to vacation of stay orders. The court set timelines for further proceedings, expediting hearings and withholding consideration amounts until resolution. The judgment aims to ensure compliance with legal provisions under Chapter XXC and address issues related to property transactions under section 269UD of the Act. Case-Laws Income Tax Tue, 27 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25642