KRISHNA KUMAR RAWAT vs UNION OF INDIA

The Supreme Court upheld the High Court's dismissal of the appellants' special appeal regarding the sale of land under Section 269UC and Section 269UD of the Income Tax Act, 1961. The Court established that the appropriate authority's show cause notice was valid as it indicated that the sale consideration was significantly lower than the market value, thus justifying scrutiny under the Income Tax provisions. The Court affirmed the authority's decision to investigate the transaction, leading to the conclusion that the appellants were not entitled to the relief sought.