HANS RAJ AGARWAL vs CHIEF COMMNR. OF INCOME TAX .

The Supreme Court examined the validity of the order passed under Section 239 UD(1) of the Income Tax Act, 1961, challenging the compulsory purchase of immovable property under Chapter XX-C. The Court held that the provisions of Section 269 UC and Section 269 UD(1) must be strictly adhered to, particularly the requirement for timely submission of statements regarding property transfer. The appeal was dismissed, affirming the High Court's decision, thereby upholding the order of the Appropriate Authority for the purchase of the property by the Central Government.