REGISTERED NO. D. 221
The Gazette of India
EXTRAORDINARY
PART III-Section 1
PUBLISHED BY AUTHORITY
No. 4] NEW DELHI, TUESDAY, JULY 31,1973/SEAVANA 9 1895
Separate paging is given to this Part in order that it may be filed
as a separate compilation.
OFFICE OF THE INSPECTING ASSISTANT COMMISSIONER OF INCOME-TAX.
ACQUISITION RANGE, AMRITSAR
Amritsar, the 30th. July 1973
NOTICE UNDER SECTION 269D(l) OF THE INCOME-TAX ACT, 1961 (43 OF 1961)
No. ASR7RG/73-74/P-175/S.ll7//92.—Whereas I, H. S. Dhuria, being the Com- petent Authority under Section 2G9D of the Income-tax Act, 1961 (43 of 1961) have reason to believe that the immovable property having a fair market value exceeding Rs. 25,000 and bearing No. Apple orchard in village Shalana as mentioned in the Registered Deed No. 5 of January, 1973 situated at Village Shalana, P.O. & Teh, Rajgarh (and more fully described in the Schedule annexed hereto), has been transferred as per deed registered under the Indian Registration Act, 1908 (16 of 1908) in the office of the Registering Officer at Rajgarh (H.P.) on January 1973, for an apparent consideration which is less than the fair market value of the aforesaid property and I have reason to believe that the fair market value of the property as aforesaid exceeds the apparent consideration therefor by more than fifteen per cent of such apparent consideration and that the consideration for such transfer as agreed to between the transfer (s) and the transferee(s) has not been truly stated in the said instrument of transfer with the object of:-—
(a) auction or evasion of the liability of the transferor to the Income-tax Act, 1961 (43 of 1961) in respect of any from the transfer, and/or ncealment of any income or any moneys or other assets
not been or which o ut to be disclosed by the transferee purpose of the Indian Income-tax Act, 1022 (11 of 1922) or the e-tax Act, 1961 (43 of 1961) or the Wealth-tax Act. 1957 (27 of
( 8 5)
86 THE GAZETTE OF INDIA EXTRAORDINARY [PART III—£•# 1]And whereas the reason for initiating proceedings f°r the acquisition of the aforesaid property in terms of Chapter XXA of the Income-tax Act, 1961 ("43 of 1961) have been recorded by me.
Now, therefore, in pursuance of section 269C, I hereby initiate proceedings for the acquisition of the aforesaid property by the issue of this notice under sub-set;- tion U) of Section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely: —
(1) Shri Dewan Singh Arya s/o Shri Karay Mai. Gandhi Nagar, Meerut—
(Transferor).
(2) Shri Kanti Kumar s/o Shri Kultilk Ram, Swami Building, Rama Nand
Bagh, Amritsar—(Transferee).
(3) Shri Kantl Kumar s/o Shri Kultilak Ram, Swami Building, Rama Nand
Bagh, Atnrftsar— [Person(s) in occupation of the Property].
(4) Any person interested in the property.—IPerson(s) whom the under-
signed knows to be interested in the property].
Objection, if any, to the acquisition of the said, property may be made in writing to the undersigned
(a) by any of the aforesaid persons within a period of 45 days from Ih-e Jatf of publication of this notice in the Official Gazette or a period of MO days from the service of notice on the respective persons, whichever period expires later,
(b) by any of the person interested in the said immovable properly within 45 days from the date of the publication of this notice in the Official Gazette.
It is hereby notified that a date and place for hearing the objections, if any, made in response to this notice against the acquisition of the immovable property will 'je fixed, and notice thereof shall be given to every person who has made such objection, and the transferee of the property.
It is hereby further notified that every person to whom notice is given wilder the preceding paragraph shall have right to be heard at the hearing of the objections.
Explanation,—The terms and expressions used herein as are denned in Chapter XXA of the Income-tax Act. 1961 (43 of 1961) shall have the same meaning as given in that Chapter.
THK SCHEDULE
Apple orchard in village Shalana (commonly known as Parkash Orchard & Nursery, Shalana) as mentioned in the Registered Deed No. 5 of January, 1973 of the Registering Officer, Rajgarh.
H. S. DHUflJA, (Competent Authority),
Inspecting Assistant Commissioner of Income-tax
Acquisition Range, Amritsar.
Seal
[%(fcr III—SEC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 87 88 THE GAZETTE OF INDIA EXTRAORDINARY [PAHT I I I —S E *^