Supreme Court of India

Krishna Kumar Rawat & Ors. v. Union of India & Ors.

Neutral citation
Reported as [2019] 10 S.C.R. 333
Bench Abhay Manohar Sapre and Dinesh Maheshw Ari JJ.
Decided 29 July 2019

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

What the Court ordered

In view of the foregoing discussion, we find no merit in C.A. Nos.9800-9801/2010.

Judgment, page 19

From the headnote

Income Tax Act, 1961 – ss.269UC, 269UD (1A), 269UE (1), 269UG (4) and Chapter XX- – Rajasthan Urban Areas (Sub Division) Rules, 1975 – r .11 – V esting of Pr oper ty in Central Government – Appellants (Pr ospective buyers) enter ed into an agreement for pur chase of the suit land for a total consideration of Rs.99,84,500/- – Appellants furnished information about the purchase of the suit land u/s 269UC of the Act to the appr opriate authority – Appropriate authority issued a show cause notice u/ s.269UD (IA) of the Act stating that sale consideration disclosed by the appellants was very low –

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