1994 (7) TMI 76

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....5) under section 269UD(1) of the Income-tax Act, 1961, whereunder the appropriate authority has ordered that the property covered by it shall vest in the Central Government free from all encumbrance, together with a consequential order to surrender possession thereof to the appropriate authority within 15 days of the said order. There is no dispute that the order was not preceded by the necessa....

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....rt. Accordingly, in order to ensure that no injustice is caused in the facts and circumstances of the case, the statement in Form No. 37-I submitted is to be treated as if it was submitted on the date of the signing of the judgment. It is ordered that the period of two months referred to in section 269UD(1) has to be taken with reference to the date of disposal of each of the pending matters befor....

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.... to on which date the application was submitted, Even then, learned counsel made submissions on certain obvious situations. He firstly relied upon the contents of the application at page 34 (exhibit P-4) with reference to clause (vib) which specified that consideration of Rs. 3 lakhs was payable before June 30, 1989. Additionally, referring to the order, learned counsel submitted that on the date ....