https://www.taxtmi.com/caselaws?id=39047 The court quashed the notice and initiation of acquisition proceedings under Section 269 of the Income-tax Act, ruling in favor of the petitioners due to lack of jurisdiction caused by untimely publication of the notice in the Official Gazette. The court emphasized the mandatory nature of timely publication and concluded that the competent authority did not acquire jurisdiction to continue the proceedings. The petitioners were granted costs in the case. en-us Fri, 11 Jul 1975 00:00:00 +0530 Mon, 12 Apr 2010 12:04:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39047 The court quashed the notice and initiation of acquisition proceedings under Section 269 of the Income-tax Act, ruling in favor of the petitioners due to lack of jurisdiction caused by untimely publication of the notice in the Official Gazette. The court emphasized the mandatory nature of timely publication and concluded that the competent authority did not acquire jurisdiction to continue the proceedings. The petitioners were granted costs in the case. Case-Laws Income Tax Fri, 11 Jul 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39047