https://www.taxtmi.com/caselaws?id=26378 Chapter XX-A acquisition notices that merely implement a final acquisition order may be resisted only on timely challenge; belated writ interference is barred by delay and laches. Delay in payment of compensation does not invalidate the acquisition, because compensation becomes payable only after vesting on delivery. For acquisition purposes, a lease is treated as an encumbrance capable of extinguishment so that the property vests free of burdens. Section 269-I of the Income-tax Act is described as a valid measure within Parliament's income-tax competence and not as an invasion of the State field. The provision is also presented as consistent with article 14 because the scheme contains statutory notice, objection, and appellate safeguards. en-us Wed, 12 Mar 1986 00:00:00 +0530 Thu, 04 Feb 2010 15:35:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26378 Chapter XX-A acquisition notices that merely implement a final acquisition order may be resisted only on timely challenge; belated writ interference is barred by delay and laches. Delay in payment of compensation does not invalidate the acquisition, because compensation becomes payable only after vesting on delivery. For acquisition purposes, a lease is treated as an encumbrance capable of extinguishment so that the property vests free of burdens. Section 269-I of the Income-tax Act is described as a valid measure within Parliament's income-tax competence and not as an invasion of the State field. The provision is also presented as consistent with article 14 because the scheme contains statutory notice, objection, and appellate safeguards. Case-Laws Income Tax Wed, 12 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26378