2005 (9) TMI 51

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....ter XX-C of the Income-tax Act, 1961 ("the Act" for short) seeking to acquire properties namely, flat Nos. 1301/1401 so far as writ Petition Nos. 2349 of 1993 is concerned with flat Nos. 903/1003 so far as Writ Petition No. 2348 of 1993 is concerned in Parasrampuria Tower No. 5, Oshiwara Village, Near Millat Nagar, Lokhandwala Complex, Andheri (W), Bombay 400 058 ("the said property"). The pre-....

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....nsel appearing for the respondent-Department admits that till today no amount of apparent consideration has been tendered to the petitioners or deposited in any of the account of the Central Government with respect to the transactions in question. In the above view of the admitted facts, in our considered view, the operation of section 269UH of the Act in no way can be arrested. Consequently, t....