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REGISTERED NO. D. 221

The Gazette of India

EXTRAORDINARY

PART III—Section 1

PUBLISHED BY AUTHORITY

No. 10] NEW DELHI, SATURDAY, SEPTEMBER 29, 1973 ASVINA 7, 1895

Separate paging is given to this Part in order that it may be filed as a separate compilation

Government of India, Office of the inspecting Assistant Commissioner of Income-tax, Acquisition Range II, New Delhi New Delhi, the 24th September 1973 NOTICE UNDER SECTION 269(1} OF THE INCOME TAX ACT, 1961 (43 OF 1961)

No. IAC-ACQ II/73-74/4153.—Whereas I, C. V. Gupte, being the Competent Authority under section 269B of the Income-tax Act, 1961 (43 of 1961) have reason to believe that the immovable property, having a fair market value ex- ceeding Rs. 25,000 /- and bearing

No, 24, situated at Barakhamba Road, New Delhi.

(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 Delhi on 27th March, 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 transferors) and the transferee(s) has not been truly stated in the said instrument of transfer with the object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for 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.

(199)

Now, therefore, in pursuance of section J"9C, I hereby initiate proceedings for the acquisition of the aforesaid property by the issue of this notice under sub-sec- tlon (1) of section 269D of the IncOnie-tax Act, 1961 (4H of 19H1) to the following persons, namely; —

(i) M/s Ashoka Estatee (P) Ltd,

24, Barakhamba Road, New Delhi. (Transferor)

(2) Sbri Anil Nath son of Shri Vishwa Nath Resident

of C-I5, N.D-S.E. Part II, New Delhi. (Transferee)

(3) M/s Dewan Chand BuildcrB (P)LtdJ

33-B, Pusa Road, New Delhi. (Person (s) In occupation of

(4) Shri/Smt/Km. •

the property) (Person(s) whom the under- • signed knows to be interested

in the property)

Objections, if any, to the acquisition of the said property may be made in writing to the undersigned : —

(a) by any of¹ the aforesaid Persona within a period of 45 ('.ays from 1he date of publication of this notice in the Official Gazette or a pqriod of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property 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 be 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 under the preceding paragraph shall have H right to be heard ot the ^erring of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1901 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

(Rights to portion of the entire first floor, the second floor (less 3000 Sq. Feet) Part of the third floor, the enire twelfth (12) floor along with terrace, loft in the first floor, 30 per cent compact area in the parking lot on the ground floor, 30 per cent compact area in the upper basement clear af service space provided therein and 80 per cent of any utlisaMe area on the ground floor in the multistoreyed building under construction at No. 24 Barakhamba Road, New Delhi—attributable to the transferees' l/64th share in the undivided right, title and Interest in the Bungalow No, 24, Barakhamba Road, New Delhi.

No. IAC-ACQ n/March n/275 (III)/73-74/4153,—Whereas I, C. V. Gupta, being the Competent Authority under section 269B of the Income-tax Act, 1961 (43 oi 1961) have reason to believe that the Immovable property, having a fair market value exceeding Rs. 25,000 and bearing.

No. 24, situated at Barakhamba Road, New Delhi.

(and more fuJly 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 Delhi on 27th March, 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 bv more than fifteen per cent of such apparent consideration and that the consideration for such transfer as agreed to between the trangferor(s) and the transferee(s) has not been truly stated in the said instrument of transfer with the object of: —

(o) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Inctome-tax Act, 1981 (43 of 1961) In respect of any income arising from tlie transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1981 (43 of 1901) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the Income-tax Act. 1081 (43 of 1961) have been recorded by me.

Now, therefore, in pursuance of section 2G9C, I hereby Initiate pioceedingg for the acquisition of the aforesaid property by the issue of this notice under sub-sec- tion (I) of section 269D of the Income-tax Act, 1981 (43 of 1031) to the following Persons, namely: —

(1) M/s Asbofca Estate fT) Ltd.,

24, Barakhamba Road, New Delhi.

(Transferor)

(2) Shri VIshwa Nath son of Sbrl Prom Nath resident of C-15, N.D.S.E. Part-II, New Delhi.

(Transferee) (3) M/" Dewan Chand Builders CP)

Ltd., 33-B, Pusa Road, New Delhi. (Person(a) lr, occupation of the

property)

(4) Shri/Smt./Km. • •—• • (Person(s) whom the under ——.—. 1 .— • 1—1 — signed knows to be interested

in t he property)

Objections 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 the date of publication of this notice In the Official Gazette or a period of 30 days from the service of notice on lhe respective fjersons, whichever period expires later;

(b) Dy any other person Int'-resiert i.i the aa'.d immovable property within 45 days from the date of 1hc 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 iespcnse to this notice against the acquisition of 'he Immovable property "will be 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 Riven under the preceding paragraph shall have a 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.

THE SCHEDTJUD

RigHts to a portion of the entire first floor, the second floor (less 3000 Sq. Feet) part of the third floor, the entire twelfth (12th) floor along with terrace, loft in the first flcor, 30% of compact area in the parking lot on the ground floor, 30% compact area in the upper baEemcnt Clear of service space provided therein and 30% of any utilisable area on the ground fleer in the muitistoreyed building under construction at No, 24 Earakhairra Bone". IM V Td:— attributable to the transferees' I/64th share in the undivided right, title and inteien m Bungalow No. 24'Barakhamba Road, New Delhi.

NO. IAC/ACQ II/73-74/March n/266 IU/2'J8(1I1>/4153.—Whereas I, C. V Gupte, being the Competent Authority under section 269B of the Income-tax Act, 19fll (43 of 1961) have reason to believe that the immovable property, havijig a fair market Value exceeding Rs. 25,000 and bearing.

No. 2A, situated at Barakhamba Road, New Delhi.

(and more fully described in the Schedule annexed hereto), has been transferred as per deed registered under the Indian .Rek'iiiratiori Act, 1908 116 ot 1908) in the office of the registering? officer at Delhi on 27Lh March, 1973, for an a>X->arcnt conalderation which is less than the loir market value of the aforesaid property and I have reason to believe that the lair mcrkct value of the property as aforesaid exceeds the apparent consideration therefor bv more than fifteen per cent of such apparent consideration and that the consideration for such transfer as agreed to between the transferor(s) and the transfcrce(s) has not been truly stated in the said instrument of transfer with the obiect of: —

i a) facilitating the reduction or evasion of the liability of the transferor to Vr.y tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which have no I been or which ought to be disclosed bv the transferee for the purposes of the Indian Income-tax Act. 1922 (11 of 1H22) or the Income-tax Act, 1961 (43 of 1991) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas, the reasons for initialing proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the Income-tax Act, 1961 (43 of 1(161) have beer, recorded by me,

Now, therefore, in pursuance of section 269C, I hereby initiate prrceedlngs for the acquisition of the aforesaid Property bv the issue of this notice under sub-sec- tion (1) of section 269D of the Income-tax Act. 1961 (43 of 1961) to the following persons, namely:- •

(1) M/s Adhoka Estates (?> T.TD. 2J, Barakhamba Road,,

New Delhi.

(Transferor) (2) Shri Rajeshwar Nath Snn of Shri Prem Nath r/o

C-15 N.D.S.E. Part -II, New DeUii.

(Transferee;

fV> M': 1 13s van C'lani ft.iildera (V) LTD

33-B, Pusa Road, New Delhi.

(Person(s) in occupation of the property") ?',';-' p., Jfff! (4) Shri'Smt./Km. — — — (Persons) whom ' the under- -— •—• •————— ——•—•—•—• sigmed knows to be interested

in the property)

Objections if any, to the acquisition of the said property may be made in writing to the undersiRned: —

(a) by any of the aforesaid persons within a period of 45 days from the date of publication of this notfeo in the Official Gazette or a period of 31 days from the service of notice on the respective persons, whichever period expires later:

It is hereby further notified thai n date and place for hearing the objections if any, made In response to this notice against the acquisition of the immovable property will be fixed, and notice thereof shall be Riven 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! lg given under the preceding paragraph shall have a right to be heard at t he hearing of the objections.

Explanation.—The terms and expressions used herein as arc denned in Chapter XXA of the Income-tax Act. 1961 (43 of 1961) shall have the same mranlnR as given In that Chapter.

THE SCHEDULE

Ri ?V r -1.1 'i ji'tLfin of the entire first floor, the second floor (less 3000 sq.ft.) part of the third floor, t'le ontire twelfth floor (12th) floor alontf with terrace, loft in the first floor 30°-n compact area in t'le paHum; lot nn the ground floor, 30% compact area in the upper basement clear of service aoa^e nrovided therein and 30% of any utlHsable area on the ground floor in the multl— storeyed building under construction at No. 24, Bprr Khamba Road, New Delhi—attributed to the transferee's 5 '288th share in the undivided right, 'title and Interest in the Bungalow Plot No. 24 Bara KHam'n Road, New Delhi

No. IAC-ACQ H/73-74/4153.—Whereas I, C. V. Gupte, being the Competent Authority under section 269B of the Income-tax Act, 1961 (43 of 1961) have reason to believe that the immovable property, having a fair market value exceeding Rs. 26,000 and bearing

No. 24, situated at Barakhamba Road, Now Delhi.

(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 Delhi on 27th March, 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 bv more than fifteen uer cent of such apparent consideration and that the consideration for such transfer as agreed to between the transferor(s) and the transferee(s) has not been truly stated in the said instrument of transfer with the object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to Pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and/or

(b) facilitatinjt the concealment of any Income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act. 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA ui tiie im^me-tax Art, 1961 (43 of 1961) have been, recorded by me.

Now, therefore, in pursuance of section ^<39C, I hereby initiate proceedings for the acquisition of the aforesaid property by the issue cc Ibis notice under sub-sec- tion (1) of section 269D of the Income-tax Act, 1961 (4.J u( 1961) to the following persons, namely: —

(1) ME, Ashoka Estates (P) Ltd.j 24 Bara Khamba Road,

New Delhi.

(Transferor^

(2) Smt. Nirmala Rani W,'o Sh. Jatindcr Nath r o C-15,

N.D.S.E. Part-II, New Delhi. ' (Transferee)

(3) M i. Dewan Chand Builders (P) Ltd. 33-R,

Pusa Road, New Delhi. LPerson(s) in occupation of the

property!

W) Shri Smt Km. — [Persoii(s) whom the under- signed knows to be interested in the property]

Objections if any, to the acquisition of the said property may bo made in wilting to Uie undersigned-—

Mi by any of the aforesaid persons within a period of 45 days from the date of publication of this notice In the Official Gazette or u period "f 30 days from the service of notice on the respective persors, whichever period expires later;

(b) b/ any other person Interested in the said immovable property within 4rt " days frum 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 '"he immovable property Will be fixed, and notice thereof shall be given to every peiKon who has marie such objection, and the transferee of the property.

It is hereby further notified that every person to whom notice is given under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation,—The terms and expressions used herein as are deilned in Chapter XXA of the Income-tax Act, 1PH1 (43 of 1961) shall have the same meaning as given in that Ohaj: t-1.

THE SCHEDULE

Rights to a portion of the tptire first floor the 2nd floor (lc" 3000 sq.ft.) part of the 3rd floor, tbc entire twelfth floor (12th floor alongwith terrace, lofts on the first floor, ?o% compact are a in the parking lot on the ground floor, 30% compact area in the upper basement clear of service space provided therein and 30% of any utiiisable area on the ground floor in the aforesaid multistoreyed huiidinft under construction at No. 2 Bara Khamba Road, New Delhi. attributable to the transferee's 5'2K8th ^ihare in the '•n.'ivicYV ri^'it tit'c ; nd interest in the said bungalow. _^__ ___

No. IAC-ACQ H/73-74/4153.—Whereas I, C. V. Gupte, being the Competent Authority under section 269B ol the Income-tax Act, 1961 (43 of 1961) have reason to believe that the immovable property, having a fair market value exceeding Bs. 25,000 and bearing

No. 24, situated at Barakhamba Road, New Delhi.

(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 Delhi on 27th March, 1973, for an apparent consideration which is less than the fair market value of the aforesaid property and 1 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 transferor(s) and the transferee(s) has not been truly stated in the said Instrument of transfer with the object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1061) In respect of any Income arising from the transfer; and/or

(b) facilitating the concealment of any Income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act. 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act. 1957 f27 of 1957).

And whereas the reasons for Initiating proceedings for 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-sec- tion (1) of section 269D of the IncOme-tax Act, 1961 (43 of 1961) to the following persons, namely: —

(1) M '". Ashoke Estates (P; Ltd. 24 Barn Khamba Road,

New Delhi.

(Transferor)

(2) Km. Radha Rani D 'o Sh. Jatinder Nathj C-I5>

N.D.S.E. Part -II, New Delhi. (Transferee)

(3) M/s. Dcwan Chand Builders (P) Ltd. 33-B, Pusa

Road, New Delhi.

[Person(s) In occupation of the

property.]

(4) Shrl'Smt./Km.

[Person(s) whom the under- signed knows to be Interested in the property]

Objections If any, to the acquisition of the said property may< be made in writing to the undersigned; —

(a) by any of the aforesaid persona within a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on tile respective persons, whichever period expires later;

(b) by any other person interested in the said Immovable property 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 be 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 under the preceding parata-aph shall have a right to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given In that Chapter.

THE SCHEDULE

Right to a portion of entire first floor, the second floor, (less 3000 sq. ft) part of the third floor, the entire twelfth floor (r2th) floor along with terrace, loft in the first floor, 30% of the compact area in the perking lot on the ground floor, 3o%compact area in the upper hastment clear of service space provided therein and 30% of any utilisable area on the ground floor in the multiatoreyed building under construction at No. 24 Bara Khamba Road, New Delhi—attribu- table to the transferee's i/9(Sth share in the undivided right, title and interest in the said' Bungalow.

No. IAC-ACQ II/March n/266(III)/73-74/4153.—Whereas I, C. V. Gupta, being the Competent Authority under section 269B of the Income-tax Act, 1961 (43 01 1961) have reason to believe that the Immovable property, having a fair market value exceeding Rs. 25000/- and bearing.

No. 24, situated at Barakhamba Road, New Delhi.

(and more fully described in the Schedule annexed hereto), has been transferred aH per deed registered under the Indian Registration Act, 1908 (16 of 1908) in the office of the registering officer at Delhi on 27th March, 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 exceedfi 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 trangferor(s) and the tI"ansferee(s) has not been truly stated in the said Instrument of transfer with he object of:;—

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any Income arising from the transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ousht to be disclosed bv the transferee for the purposes of the Indian Income-tax Act 1922 (11 of 1922) or the Income-tax Aft, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the Income-tax Act, 1961 (43 of 19fil) have been recorded by me.

Now, therefore, In pursuance 'of' section 269C, I herebv initiate proceedings for the acquisition of the aforesaid Property by the issue of this notice under sub-sec- lion (1) of section 269D of the Income-tax Act. 1961 (43 of 19611 to the following Persons, namely: —

d) M/S Ashoka Estates (P) Ltd. 24 Barakhamba Road, (Transferor¹)

New Delhi.

(2) Smt. Shakuntala Rajeshwar Nath D/o Shri Ram

(Transferee)

Saran Das and Wo Shrl Ra]eshwar Nath C-15/N.D.S.E. Part II, New Delhi.

(3) M/s. Dewan Chand Builders (P) Ltd. 33-B, Pusa

Road, New Delhi.

[Pcrson(s> in occupation of the Property]

{{^{{FOOTNOTE 1 }}}}

(4) S h r i / S m t . / K m . — — —— rPersonCs") whom the under signed knows to be intoestrd in the property]

Objections if any, to the acquisition of the said property may Ye made in writing to the undersigned: —

(a) by any of the aforesaid Persons within a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons whichever period expires later;

(b) by any other person Interested in the said immovable property within 4!t days' from the date of the publication of this mtir-c 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 'ha immovabV property

will be 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 under the preceding paragraph shall have a 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 1991) shall have the same meaning as given in that Chapter.

THE SCHEDULE

Rights to a portion of the entire first floor, the second floor (Less 3000 Sq. Feet) part of the third floor, the entire Twelfth (12th) Floor along with terrace, loft in the first floor, 30% of com- pact area in the parking lot on the ground floor, 30% compact area in the upper basement clear of service space provided therein and 30% of any utilisable area on the ground floor in the mul- tistoreyed building under constructk n at No. 24 Barakhamba Road, New Delhi—attributable to the Transferees' 5/i88th share in the undivided right, title and interest in the Bungalow No. 24, Barakhamba Road, New Delhi.

No. IAC/ACQ./n/13-74/378(IU) 4153.—Whereas I, C. V. Gupte, being the Com- petent Authority under section 269B 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. 24, situated at Barakhamba Road, New Delhi.

(and more fully described in the Schedule annexed hereto), has been transferred as per deed rejjlsterCd under the Indian Registration Act, 1908 (16 of 1908) In the office of the registering officer at Delhi on 27th March, 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 bv more than fifteen per cent of such apparent consideration and that the consideration for such transfer as agreed to between the transferor(s) and the transferee(s) has not been truly slated jn the said instrument of transfer with the object of: —

(a) facilitating the reduction or evasion of the llabllty of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any Income arising from the transfer; and/or

(b) facilitating tho concealment of any income or any moneys or other assets which have not been or which ought to be disclosed bv the transferee for the purposes of the Indian Income-tax Act. 1922 (U of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act. 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the Income-tax Act, 1961 (43 of 1961) have ^een 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-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) tc the following persons, namely: —

(1) Ashoka Estates (P) Ltd. 24, Bara Khamba Road, New (Transferor)

Delhi.

(2) Smt. Jvoti Gupta D/o Srri Rajeshwar Nath (Transferee;

W b SI ri Shyam Gupta, C-15, N.D.S.E. Part-II, New Dellii,

(3) M/s. Dewan Ctiand Builders (P) Ltd. 33-B, Pusa [Person(s) in occupation of the

Road, New Delhi. property]

(4) Shri'Smt. Km. ——......... —• . •• • [Person(s) whom the undersigned knows to be interested in the property]

Objections if any, to the acquisition of the said property may be made in writing to the undersigned: —

(6) by any ofl the aforesaid Persons within a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property within 49 cteys 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

It is hereby further n'otifled that every person to whom notice is given under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

Right to a portion of entire first floor, the second floor, (less 3000 sq.ft.) part of the third floor, the entire twelfth floor 1,12th) along with terrace, loft in the first floor, 30%of compact area in the parking lot on the ground floor, 30% compact area in the upper basement clear of service space provided therein and 30% of any utillsable area on the ground floor in the multistorcyed building under construction at No. 24 Bara Khamba Road, New Delhi,—attributable to the transferee's i/i44th share in the undivided right, title and interest in the said Bungalow.

No. IAC-ACQ 11/773-74/4153.—Whereas I, C. V. Gupte, being the Competent Authority under section 269B of the Income-tax Act, 1981 (43 of 1961) have reason to believe that the immovable property, having a fair market value exceeding Us. 25,000 and bearing

No. 24, situated at Barakhamba Road, New Delhi.

(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 Delhi on 27th March, 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 transferor(s) and the transferee(s) has not been truly 3tated in the said *nstrument of transfer with the object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed bv the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act. 1961 (43 of 1961) or the Wealth-tax Act, 1957 (21 of 1957).

And whereas the reasons for initiating proceedings for 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-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following Persons, namely,; —

(1) M/S Ashoka Estates (P) Ltd. 24, Barakhamba Road, (Transferor)

NewDelri.

(2) Shri Jatindra Nath Son of Late Shri Prem Nath (Transferee)

President of C-iSj N.D.S.E. Part II, New Delhi.

(3) M/S Dewan Chand Builders rP) Ltd. 33-B, Pusa (Person(s) in occupation of the

Road, New Delhi. property)

(4) Shri'Smt'Km

"| (Person(e) whom the undersigned • X knows to be interested in the

J property).

Objections if any, to the acquisition of the said property may be made in writing to the undersigned: —

(a) by any ofi the aforesaid persona within a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property 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 thi immovable property win be fixed, and notice thereof shall be given to every pers'on who has made such objection, "and the transferee of the property.

It Is hereby notified that every person to whom notice is given under the! preced- ing paragraph shall have a right to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined In Chapter XXA of the Income-tax Act. 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

Rights to a portion of the entire first floor, the second floor (less 3000 Sq.fcet) part of the third floor, the entire twelfth (12th) floor along with terrace, loft in the first floor, 3o%of compact area in the parking lot on the ground floor, 30 per cent compact area in the tipper basement dear of service space provided therein and 30 percent of any utilisable area on the ground floor in the multistoreyed building under construction at No. 24 BaraWiamba Road, New Delhi-attributable to the transferee's 5 288th share in the undivided right, title and irterest in the Bung"low No. 24 Barakhamba Road, New Delhi.

No. IAC-ACQ n/73-74/4153.—Whereas I, C. V. Gupte, being the Competent Authority under section 269B of the Income-tax Act, 1961 (43 of 1981) have reason to believe that the immovable property, having a fair market value exceeding Rs. 25,000 ana bearing

No. 24, situated at Barakhamba Road, New Delhi.

(and more fully described in the Schedule annexed hereto), has been transferred aa per deed registered under the Indian Heeistrfttion Act, 1908 (16 of 1908) in 'the office of the registering officer at Delhi on 27th March, 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 pe⁷¹ cent of such

apparent consideration and that the consideration for such transfer as agreed to between the transferor(s) and the transferee(s) has not been truly stated In the said instrument Vi transfer with the object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to Pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and/Or

(b) facilitating the concealment of any Income or any moneys or other assets which have not been or which ought to be disclosed bv the transferee for the purposes of the Indian Income-tax Act 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for Initiating proceedings for 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 proceed tng3 for the acquisition of the aforesaid property by the issue of this notice under sub-sec- tlon (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely: —

(i)M'S. Astoka Estates (P) Ltd. 24, Bara Khamba Road, (Transferor)

New Delhi.

(2) Shri Deepak Raj Nath S/o Strl Rajeshwar Natb (Transferee)

R/o C-15, N.D.S.E. Part-II, New Delhi.

(3) MS. Dewan Chand (P )Ltd. 33-B, Pusa Road, (Person(s) in occupation of the

New Delhi.

Property)

(4) Shri/Smt/Km.

• ~\ (Person(s) whom the undersigned

p — • > knows to bo interested in the

J property)

Objections 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 the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective pa sons, whichever period expires later;

(b) by any other person interested in the said immovable property 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 be fixed, and notice thereof shall be given to every person who has made such objection, and the transferee of the property.

It is hereby notified that every person to whom notice la given under the preced- ing paragraph snail have a right to be heard at the hearing of the objections.

Explanation—The terms and expressions used herein as are defined in Chapter XXA of the income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

Rights to a portion of the entire first floor, the second floor (less 3000 sq. ft.) part of the third floor, the entire twelfth (12th) floor alongwith terrace, loft in the first floor, 30 per cent of com- pact area in the parking lot on the ground floor, 30 per cent compact area in the upper basement clear of service space provided therein and 30 per c*nt of any utilisable area on the ground floor In the multistoreyed building under construction at No. 24, Barn Khamba Road, New Delhi— attributable to the transferee's 3/288th share in the undivided right, title and Interest in the said B unglow.

N". IAC-ACQ 11/13-14/4153.—Whereas I. C. V. Gupte, being the Competent Authority under section 269B 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. 24, situated at Barakhamba Road, New Delhi.

(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 Delhi on 27th March, 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 bv more than fifteen per cent of such apparent consideration and that the consideration for such transfer as agreed to between the transferor(s) and the Uansferee(E) has not been truly stated in the said instrument of transfer with the object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to Pay tax under the Income-tax Act, 1961 (43 of 1961) in reEPect of any Income arising from trie transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed bv the trarsferee for the purposes of the Indian Income-tax Act. 1922 (11 of 1922) or the Income-tax Act. 1961 (43 of 1981) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the IncOme-tax Act, 1961 (43 of 1961) have ^een recorded by me.

Now, therefore, In pursuance of section 269C, I hereby initiate proceedings for the acquisition of the aforeaaid Property by the Issue of this notice under sub-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 4961) to the following persons, namely: —

(i) M/s, Ashoka Estates (P)Ltd., 24 Bars Khamba (Transferor)

Road, New Delhi.

(2) Km. Prabha Nath D o Sh. Visheshwar Nath, C-15, (Transferee)

N.D.S.E. Part-Ii; New Delhi.

(3) M/s. Dewan Chand Builder9 (P)Ltd., 33-B, Pusa (Person(s) in occupation of the

Road, New Delhi.

property)

(4) Shri/Smt/Km

-- • (Person(s) whom the undersigned knows to be interested in the property)

Objections 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 the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective pr-sons, whichever period expires later;

(b) by any other person interested in the said Immovable property 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 be fixed, and notice thereof shall be given to every person who hag made such objection, and the transferee of the property.

It ia hereby further notified that every person to whom notice la given under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation,—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

Right to a portion on the entire first floor, the second floor (lets 5cco sq.ft.") part of the third floor, the entire twelfth floor (12th) floor rlongwith terrace, loft in the first floor, 30 percent of the compact area in the parking lot on the ground floor, 30 percent compact area in the upper basement clear of service space provided therein and 3Opercent of any utilisable are on the ground flo or in the multistoreyed building under construction at No.24 Bara Khamba Road, New Delhi—attributable transferee's I/I44th share in the undivided right, title and Interest m the said Bunglow.

No. IAC-ACQ H/ 73-74/4153.—Where I, C. V. Gupte, being the Competent Authority under section 269B of the Income-tax Act, 1961 (43 of 1961) have- reason to believe that the immovable property, having a fair market value ex- ceeding Rs. 25,000/- and bearing

No. 24, situated at Barakhamba Road, New Delhi.

(and more fully described in the Schedule annexed here to), has been transferred¹ as per deed registered under the Indian Registration Act, 1908 (16 of 1908) in the office of the registering officer at Delhi on 27tb March, 1973, for an apparent consideration which is less than the fair market value of the aforesiaid property and I have reason to believe that the fair market value of the property as aforesaid exceeds the apparent consideration therefor by rn'ore than fifteen per cent of such apparent consideration and that the consideration for such transfer as agreed to between the transferor (s) and the transferee (a) has not been truly stated in the said instrument of transfer with the object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to- Pay tax under the Income-tax Act, 1961 (43 of 19G1) in respect of any income arising from the transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed bv the transferee for the purposes of the Indian Income-tax Act. 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1D61) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for 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-sec- tlon (1) of section 269D of the Income-tax Act, 1961 (43 of 19G1) to the following persons, namely: —

(1) M/s. Ashoka Estates, (P) Ltd., 24, Bara Khamba (Transferor)

Road, New Delhi.

(2) Smt. Sarita Aggarwal (formerly Kumari Sarita, (Transferee) D/o Sh. Rajeshwar Nath and w/o Shri Aahok Ag?arwal, r/o C-15, N.D.S.E. Part-II, New Delhi.

(3) M/s. Dewan Chand Builders (P) Ltd., 33-B, Pusa [Person (s) in occupation of the

Road, New Delhi.

propertyf

(4) Shri Smt/Rm

[Pcrson(s) whom the under- signed knows to be Interested

in the property]

Objections, if any, to the acquisition of the said property may be made in writing to the undersigned: —

(a) by any ofl the aforesaid Persons within a period of 45 days from the date of publication of this notice Jn the Official Gazette or a period of 30 days from the service of notice 'on the respective persons, whichever period expires later;

(h) by any other person interested in the said Immovable property within 45 days from the date of the publication of this notice in the Official Gazette;

II is hereby notified that a date and place for hearing the objections, if any, made in lesponse to this notice against the acquisition of the immovable property •will be fixed, and notice thereof shall be ifiven 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 under the preceding paragraph shall have a ri£ht to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1981) shall have the same meaning as given In that Chapter.

THE SCHEDULE

Right to a portion of entire first floor the second floor, (less 3000 sq. ft.) part of the third floor, the entire twelfth floor (12th) floor along with terace, left in thefirstfloor,30% of thecompact are* In the parking lot on theground floor 30 Compact area in theupper basement clear of service space provided therein and 30% of any utilisabie area on the ground floor In the mulilstoreyed building under construction at No. 24, Bara Khamba Road, New Delhi—attributable to the trans- feree's l/i44th share in the undivided right title and Interest in the said Bungalow.

No. IAC-ACQ H/73-74/4153.—Where I, C. V. Gupte, being the Competent Authority under section 209B of the Income-tax Act, 1061 (43 of 1961) have reason to believe that the immovable property, having a fair market value ex- ceeding Rs. 25,000/- and bearing

No. 24, situated at Barakhamba Road. New Delhi.

Jand more fully described in the Schedule annexed hereto), has been transferred as per deed roistered under the Indian Refjistratlon Act, 1908 (If? of 1908) in the office of the registering officer at Delhi on 27th March, 1073, 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 he 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 transferor(s) and the transferee(s) has not been truly stated in the said instrument of transfer with the, object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to Pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from tHe transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which, have not been or which ought to be disclosed bv the transferee for the purposes of the Indian Income-tax Act 1022 (11 of 1922) or the Income-tax Act, 1961¹ (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for 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-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely; —

(i) M/a Ashoka Estates (P) Ltd. 24, Barakhamba Roadj

(Transferor)

New Delhi.

(Transferee) fa.) Smt. Aruna Devi D/o Dr. Banwari Lai and wife of Shrl Vishwa Nath resident of C-15 N.D" S.E, Part-II, New Delhi.

(3) M/s. Dewan Chand Builders (P) Ltd. 33-B, PUSH (Person(s) in occupation of the

Road, New Delhi.

property).

(4) Shrl/Smt/Km

(Person(s) whom the undei* signed knows to be interested in the property).

Objections 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 the date of publication of this no^ce in the Official Gazette or a period of 30 days from the service of notice on the respective ptisons, whichever perftid expires later;

(b) by any other person interested in the said immovable property within 45 days from the date of the publication of thla 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 properly will be fixed, and notice thereof shall be given to every person who has made such objectton, and the transferee of the property.

It is hereby further notified that every person to whom notice la given under the preceding paragraph shall have a rifiht to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

Right to a portion of the entire first floor, the second floor (less 3000 sq. feet) part of the third floor the entire twelfth (12th) floor along with terrace, loft in the first floor, 30 of com- pact area in the parking lot on the ground floor, 30 compact area in the upper basement clear of service space provided therein end 30°; of any utilisable area on the ground floor in the multl- storeyed building under construction at No. 24 Barakhamba Road, New Delhi—attributable to the transferee's 5 '288th share )n the undivided right, title and interest in the Bungalow No. 24 Barakhamba Road, New Delhi.

No. IAC-ACQ 11/71-74/4163.—Whereas I, C. V. Qupte, being the Competent Authority under section 269B of the Income-tax Act, 1961 (43 of 1961) have reason to believe that the immovable property, having a fair market value ex- ceeding as. 25,000/- and bearing

No. 24, situated at Barakhamba Road, New Delhi.

(and more fully described in the Schedule arinexed 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 Delhi on 27th March. 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 transferor(s) and the transferee(s) has not been truly stated in the- said instrument of transfer with the obleet of:—

(a) facilitating the reduction or evasion of the liability of the transferor to Pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and/or

(bi facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed hv the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1981 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957).

And wliereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the Income-tax Act, 1981 (43 of 1961) nave been recorded by me.

Now, therefore. In pursuance of section 269C, I hereby initiate proceedings for ihe acquisition of the aforesaid property by the issue of this notice under sub-sec- tion 0) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following -persons, Ermely:—•

(I) M/s. Ashoka Estates (P) Ltd. 24, Bare Khamba (Transferor)

Road, New Delhi.

;(a) Shri Robindfa Nith son of Shri Jatindra Nath, I(Transferee)

C-is, N.D.S.EW Fart-II, New Dilhi. *

(3) M/s. D.-wan Onnd Builders (P) Ltd. 33-B, Pusa (Person(,s) ia occupation of the

Road, New DalM.

(4) Shri/Smt/Kna

property) | (Person^) whom the under signed knows to be interested in the property)

Objections, if any, to the acquisition of the said property mav be made In writing to the undersigned: —

(a) by any of the aforesaid persons within a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective ueisonB, whichever period expires later;

(b) by any other person Interested in the said immovable property within 45 days from the date of the Publication of thiE notice in the Official Gazette;

It is hereby notified: tha~ a date and place for hearing the objections, if any, made in response- to this notice against the acquisition of the Immovable property "Will be fixed, and notice thereof shall be given to every person who has made such o^jectton, and the transferee of the property.

It is hereby further notified that every person to whom notice Is given under the preceding paragraph shall have a right to be heard at the bearing of the •objections.

Explanation.—The terms and expressions used herein as are denned in Chapter XXA of the Incoine-tax Act, 1961 (43 of 1961) shall have the same meaning ao jjiven In that Chapter.

THE SCHEDULE

Right to a p irtion nf the entire first fbor, the stemd floor (less 30:n sq. ft.) pirt of the third flvjr, the entire twelfth flut (12th) flior alonj.vith terrac; loft in the first floor, 30% com- •picr arsi in r^e u n -r bueimnt clsw of scrvijj sou; provided therein and 30% of any utiliaable ar?a on th- g e n ii fbor in the nnl'istoreycd building under C3nstru;:ion at No. 24 Bara Khambs Rail, N:w D;lhi — ictcibii-able to th: trnsf;r:e's J z'Hth shirs ii th? undivided right, title an} iitersst in th: Binjtow Pljt N J. %% Bira Khiiibi R.ni, N:.T D :I"ii.

No. IAC-ACQ 11/73-74/4153.—Whereas I, C. V. Gupte. being the Competent Authority under section 269B of the Income-tax Act. 1961 (43 of 1961) have reason to believe that the immovable property, having a fair market value exceeding Es. 25,000 and bearing

No. 24, situated at Barakhamba Road, New Delhi.

(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 Delhi on 27th March, 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 transferor(s) and the transferee(s) has not been truly stated in the said Instrument of transfer with the object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from tHe transfer; and/or

(b) facilitating the concealment of any income or any moneys or other asseta which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1057 (27 of 1957).

And whereas the reasons for initiating proceedings for 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 urder sub-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 1981) to the following persons, namely:—

(1) M/s. Ashoka Estates (P) Ltd. 24, Bars Khamba (Transferor)

Road, New Delhi.

(2) Smt. Nirmala Rani D/o Rai Bahadur Atama Ram (Transferee)

W/o Sh. Jatindcr Nath Ro C-I5J N.D.S.E. Part-II, New Delhi

(3) M/a. Dewan Chand Builders (P) Ltd. 33-B Pusa (Person(s) in occupation of the

Road, New Delhi.

property)

(4) Shti/Smt/Km

(PeraonCs) whom the under signed knows to be interested in the property).

Objections if any, to the acquisition of the said property may be made in writing to the undersigned: —

(a) by any o£ the aforesaid persons within a period of 45 days from, the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice On the respective persons, whichever period expires later;

(b) by any other person Interested in the said immovable property 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 bo fixed, and notice thereof shall bo given to every person who has made suck objdetton, and the transferee of the property.

It Is heteby further notified that every person to whom notice Is given under the precedinu para^rabh shall have a right to be heard at the hearing of the- objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall h|"ve the same meaning as given in that Chapter.

THE SCHEDULE

Right to a portion of the entire first floor, the second floor (less 30CO sq. ft.) part of the third floor, the entire twelfth floor Ci2th) floor along with terrace, loft in the first floor, 30% compact area in the upper bailment cltur of service space provided therein and 3°% of any utilisable are* on the ground floor in the multistoreytd building under construction at No. 24 Bera Khemba. Road, New Delhi—attributable to the transferee's 5/2881J1 share in the undivided rieht, title and interest in the Bunglow Plot No. 24 Bara Khemba Road, New Dclhi.lk,,

[PAW IU—BK. 1] THE GAZETTE OF IWWA EXT^AOJUHNARY 337

P a r t

D° ^ o n s t r u c t ed space situated at No. 18 Bara Khamba Road, New

(and more fully described in the Schedule annexed hereto), has been transferred as Der deed registered under the Indian Registration Act, 1908 (16 of 19081 in the ^5?eu°,f }he registering o f f l c er at D e l hi on 29-3-1973, for an apparent consideration wnicn 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 transferor(s) and the transferee(s) has not been truly stated in the said instrument of transfer with the object of:

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1961) in respect "f any income arising from the transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which oughtf to be disclosed by the trans- feree for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act 1961 (43 of 1961) Or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for 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-section (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the .-following persons, namely:—i

(1) M/s. Kailaah Nath and Associates through its partner Shri Kailash Nath S/o Late, Shri Kali Charan R/o 23 Curzon Road, Himalaya House, New Delhi.

(Transferor)

(2) Shri Anil Kumar S/o Shri Rishi Ram R/o 4 Babar Road,

New Delhi.

(Transferee)

(3) Shri/Smt./Km -—•

1 (Person(s) in occupation f-of the property)

(4) Shri/Smt/Km —'1 (P"son(s) whom the un- Vdersigned knows to be — ~ • J interested in the property

•Objections, 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 the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property 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 ihe •objections if any. made in response to this notice against the acquisition of the immovable Property will be fixed and notice thereof shall be given to every person, who has made such •objection, ar.d the transferee of the pioperty.

It is hereby further notified that every person to whom notice ia given under t h e p r e c X ^ p a r a g r a nh shall have a rfcbt to be heard at the heanng of the objections.

Prolanation—The terms and expressions used herein as are defined in Chapter • X X A S t t o Tx Ac? 1961 (43 "f 1961) shall have the same meaning as given In that Chapter.

THE SCHEDULE

1065 pq. ft. floor area of constructed space on 1st & 2nd floor in the multi rtoreyed building at No. 18 Bara Khamba Road, New Delhi.

No IAC/ACQJI/73-14/4170.—Whereas I, C. V. Gupte, being the Competent Authority under section 269B of the Income-tax Act, 1981 (43 of 1961) have reason to believe that the immovable property, having a fair market value exceeding RB. 25,000/- and bearing No.

Part of constructed space situated at No. 18 Bora Khamba Road, New Delhi.

/nT,j m™" fnliv rtewribed In the Schedule annexed here to), has been transferred S f J e ? S u X i r t ^ u n d£ the Registration Act, 1908 (10 of 1908) m the office office ol the registering officer at Delhi on 29-3-1973, for an apparent consideration

t?bplWP fhil ?>,t h e/a ir m alkf Va!ue olJhe ^ ^ s a ld property and I have reason ™e that the fa,r market value of the property) as aforesaid exceeds the- ™ S £? K°n³ldeJa.tiOli ^e r e f or *>y ™°™ than fifteen per cent of such apparent consideration and thati the consideration for such transfer as agreed to between

to^ffSLS XTSS'S:?* ^ ^ ^ Stated ta thSSald

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 19H1 (43 of 1961) in respect 'of any income arising from the transfer; and/or

(b) facilitating the concealment of any income or any moneys or other ass'et9 which have not been or which oughfl to be" disclosed by the trans- feree for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) Or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for 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-section (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely:—1

(1) M/s. Kaihsh Nath & Associates through its partner Shri Kailash Nath S/o Late Shri Kali Charan R/o 23, Curzon Road, Himalaya House, New Delhi.

(Transferor)

(2) Smt. Mohini Ram, Wife of Shri Kesho Ram, I.C.S.,

R/o 4, Tuglak Road, New Delhi.

(Transferee)

(3) Shri/Smt./Km.

[(Pewon(s) in occupation;

of the property],

(4) Shri/Smt./Km. .

-[Person(s) whom the un- dersigned knows to be „ . , ,— - interested in the property]..

Objections, if any, to the acquisition of the said property may be made in writing; to the undersigned:—

(a) by any of the aforesaid persona within a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons* whichever period expires later;

(b) by any other person interested in the said iinmovable property 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 be 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 under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Fxnlanatlvn —The terms and expressions used herein as are defined in Chapter X x K T h e S o i S t ex Art. 1961 (43 of 1961) shall have the same meaning as given- In that Chapter.

THE SCHEDULE

1583 aq. ft. floor area of constructed space on 3rd and 1st floor in the Multt Storeyed building at 18, Bara Khamba Road, New Delhi.

No. IAC/ACQ 11/73-74/4161.—Whereaa I. C. V. Gupte, being the Competent Authority under section 269B of the Income-tax Act. 1961 (43 of 1961) have reason to believe that the immovable property, having a fair market value ex- ceeding Rs. 25.000/- part of constructed space situated at No. 18 Barakhamba Road, New Delhi, (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 Delhi on 30-3-1973, 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 b,y more than fifteen per cent of such apparent consideration and that the consideration for such transfer as agreed to between the transferor(s) and the transferee(s) has not been truly stated in the said instrument of transfer with the object of: —•

(a) facilitating the reduction or evasion of the liability of the transferor to pav tax under the Income-tax Act. 1961 (43 of 1961) In respect of any income arising from the transfer; and/or

(b) facilitating concealment of any income or any moneys or other assets wwch have not been or which ought to be disclosed by the trans- ™ f or *he purposes of the Indian Income-tax Act, 1922 (11 of Ac? 1937 ?27 olfmT* ** ¹⁹⁶¹ ^ * ¹MU " ** Wealth"taX

And whereas the reasons for initiating proceedings for 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-section (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely:—t

(1) M/s. Kailash Nath an^ Associates through its partner Shri Kailash Nath S/o Late Shrl Kali Charan R/o 23 Curzon Ro?dj Himalaya Housej New Delri.

THE SCHEDULE

No. IAC/ACQ.H/73-74/4164.—Whereas I, C. V. Gupte, being the Competent Authority under section 269B of the Income-tax Act, 1961 (43 of 1961) have reason to believe that the fair market value of the property as aforesaid exceeds ceeding Rs. 25,000/- and bearing No. Part of construction area space situated at No. 18 Barakhamba Road. New Delhi.

(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 Delhi on 30-3-1973 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 the apparent consideration therefor by more than fifteen per cent of such appar- ent 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) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arlsitig from the transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the Income-tax Act, 1961 (43 of lfol) 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-section (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely:—1

(1) M / S. Kailash Nath and Associates through its partner Shri Kailash Nath S/o Late Shri Kail Charan, R/o.33, Curzon Road, Himalaya House, New Delhi.

(Transferor)

(2) Shri Ganga Ram S/o Late Shri Ram Resident of D-388,

Defence Colony, New Delhi.

(Transferee)

(3) Shri/Smt/Km

. ——(Person(s) in Occupation

of the property)

(4) Shri/Smt/Km— . . . (Person(s) whom the un- der signed knows to be , _ _ —„ ,—, interested in the property)

Objections, 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 the date of publication of this notice in the! Official Gazette or a period of 30 days from the service of notice on the respective persons. whichever period expires later;

(b) by any other person interested in the said immovable property 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 be 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 under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation — The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1981 (43 of 1961) shall have the same meaning as given in that Chapter.

1056 sa ft floor area of constructed space on 2nd & 1st floor in the Multi storcyed building at No. 18 Bara Khamba Road; New Delhi.

No. IAC/ACQ.II/73-74/4158.—Whereas I, C. V. Gupte, being the Competent Authority under section 269B of the Income-tax Act, 1961 (43 of 1961) have reason to believe that the immovable property, having a fair market value ex- ceeding Rs. 250OO and bearing.

No part of constructed space situated at No. 18 Barakhamba Road, New Delhi (and more fully described in the Schedule annexed hereto), has been transferred as per deed registered the Indian Registration Act, 1908 (16 of 1908) in the office of the registering office at Delhi on 29-3-1973 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 transferor(s) and the transferee(s) has not been truly stated in the said instrument of transfer with the object of:—

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and/or

(b) facilitating concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the trans- feree for the purposes of the Indian Income-tax Act 1922 (11 ol 1922) or the Income-tax Act. 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for 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 i n g ge prtceejMnKs for the acquisition of the aforesaid property by the issue of this notice unaer

sub-section (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely:

(1) M/s. Kailaah Nath and Associates through its partner Shri Kailash Nath S/o Late Shri Kali Charan R/o 23 Curzon Road, Himalaya House, New Delhi

(Transferor)

(2) Smt. Asha Gupta W/o Shri Rishi Ram R/o 4 Babar

Road, New Delhi

(Trensferai)

(3) Shri/Smt/Km—— —— , (Person(s) in occupation

of the property)

(4) Shri/Smt./Km

.

. (Person(s) whom the un- der signed knows to be interested in the property

Objections, 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 the date of publication of this notice in tha Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property within 45 days from the date of the publication of thi? 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 be fixed, and notice thereof shall be given t'o every person, wli.i has made such objection, and the transferee of the property.

It is hereby further notified that every person to whom notice is given under the preceding paragraph shall have a 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.

THE SCITF.DULE

1056 sq. ft. floor area of constructed space on 2nd floor in the Multi storeyed- building at No. 18 Bara Khamba Road, New Delhi.

P a r tD e l h i °n S t r U C t ed S p a°e s i t u a t ed at N o" ¹⁸ B a ra Khamba Road, New

(and more fully described in the Schedule annexed hereto), has been transferred as per deed registered under the Indian Registration Act, 1908 (16 of 19(J"i m the office of the registering officer at Delhi on 29-3-1973, 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 transferor^) and the transferee*s) has not been truly stated in the said instrument of transfer with the object of:

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the trans- feree for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1901 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for 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-section (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely:—i

d") M/s Kailiah Nath and Associates through its partner ShH Kallash Nath S/o Late Shrl Kali Charan R/o 23 Curzon Road, Himalaya House, New Delhi.

(Transferor)

(2) Shrl Rishi Ram S/o Late Shri Siv Ram, 4, Babar Road, New Delhi. (Transferee)

^ T ^ ^ ^^ C3) Shxi/Smt./Kn,

C4) Shri/SmwKm. JKgSkSEVS

. interested in the property.

i , „

Objections, If any, to the acquisition of the said property may be made in writing

to t he ™d e^e d

b or t he aforesaid persons within a period °f 45 days from the date of publication of this notice in thd Official Gazette or a period of 30 days from the service of notice on the respective persons; whichever period expires later;

(PART III—SEC. 1] THE GA2MPTE OF INDIA fcXtfRAOROlftAlttf 2#

(b) by any other person interested in the said immovable property 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 be 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 eiyen under the -T't-pe'lirg paragreph shall have a right to be heard at the hearing of the Objections.

Explanation.— The terms and expressions used herein as are denned in Chapter XV,/\ of th<- Incorr -lax Act, 1901 (43 of 1(J61) shall have the same meaning as given In that Chapter.

THE SCHEDULE

1056 sq. ft. floor area of constructed space on 2nd & 3rd floor In the multi storeyed building at No. 18 Bara Khhmba Road; New Delhi.

N". IAC/ACQ. H/73-74/4173.—Whereas I, C. V. Gupte, being the Competent Authority under section 26BB of the Income-tax Act, 1961 (43 of 1961) have reason to believe that the immovable property, having a lair market value exceeding Rs. 25,000 and bearing—

Plot of constructed space situated at No. 18 Bara Khamba Road, New Delhi (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 Delhi on 30th March, 1973. for an apparent consideration which is less than the fair market value of the aforesaid property ond 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 property and I have reason to believe that the fair market value of the property as agreed to between the transferor^) and the transferee(s) has not been truly stated in the said instrument of transfer with the object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1861) in resp*ct of any Income arising from the transfer; and/or

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act. 1922 (11 of 1922) or the) Income-tax Act. 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of

And whereas the reasons for initiating proceedings for 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 2fl9C, I hereby initiate proceedings for the acquisition of the aforesaid property by the issue of this notice under sub-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely: —

(1) M/s. Kailash Nath & Associates through its partner Shri Kailash Nath S/o Late Shri Kail Charan R'o 23, Curzon Road, Himalaya House, New Delhi

(Transferor)

(2) Shri Kesho Ram, I.C.S. S/o Late Shri Shri Ram

R/o 4, Tughlak Road, New Delhi . . (Transferee)

(3) Shri/Smt/Km. —— J , "1 [Person(s) is occupation of die

—.— — '- • >• property].

(4) Shri/Smt Km.

~) [Personfs) whom the under- > signed knows to be in- — • —— •—•—.—. J terested In the property]. Objections, 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 the date of publication of tnla notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever Period expires later:

(b) by any other person interested in the said immovable property within 45 days from the date of the publication of this notice in the Official Gazette;

It ia hereby notified that a date and place for bearing the objections if any made in response to this notice against the acquisition, of the immovable 'property will be fixed, and notice thereof shall be given to every person who has made such objection, a"d the transferee of the property.

Tt is hereby further notified that every person to whom notice is giver under the preceding paragraph shall have a right tp be heard at the hearing' of the objections.

Explanation.—The terms a^d expressions used herein as are denned in Chapter XXA of the Income-tax Act, 1961 (43 pf 1961) shall have the same meaning as given in that Chapter.

[PART III—SKC. 1] THE GAZETTtf OT INDIA EJtTRAtttfblNAftY 357-

No. IAC/ACQ n/73-74/4176.—Whereas I, C. V. Gupte, being the Competent Authority under section 2tf9B of the Income-tax Act, 1961 (43 of 1961) have reason to believe that the immovable Pioperty, having a fair market value exceeding Rs. 25,000/- and bearing

Part of constructed space situated at No 18, Bara Khamba tRoad, New Delhi (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 t)elhi on. 29th March, 1973, for an apparent consideration which is lesg 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 transferor(s) and the transferee(s) has n'ot been truly stated in the said instrument of transfer with the object of:—•

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Inronwtax Act, 1961 (43 t>f 1961) in respect of any income arising from the transfer; and/or

(b) facilitating the concealment of any lnwne or any moneys or other assets which have not been or which ougi to be disclosed by the transferee

for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the Income-tax Act, 1961 (43 of 1961J have been recorded by me.

N;ow, therefore, in pursuance of section 209C, I hereby initiate proceedings for the acquisition of the aforesaid property by the Issue of this notice under sub-sec- tion (1) section 269D of the Income-tax Act, 1961 (43 of 1961) to the following .persons, namely: —

(1) M/s, Kailash Nath and Associates through ite part- (Transferor)

ncr Shrl K jlash Nath S/o Late Shri Kali Charan R/o 23 Curzon Road, Himalaya House, New Delhi

(2) Smt. Bubble Goel (Maiden Name Miss Vecna (Transferee)

Ram) W/o Shri Parveen Gocl, 4, Tughlak Road, New Delhi.

(3) Shri/Smt./Km. —- ") [Person(s) in occupation of the

V property]

(4) Shri/Smt./Km.

. ~\ [Person(s) whom the under- > signed knows to be interested —• • • — J in die property.]

Objections, if any, to the acquisition of the said property may be made In writing ito the undersigned: —

(a) by any of the aforesaid persona within a period ot 45 days from the date of publication of this notice In the Official Gazette or a period of M days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said Immovable property 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 be 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 givun under •the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation.—The terms a^d expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

792 sq. ft. floor area of Obstructed space on first floor In multi storeyed building at No. 18 Bara Khamba Road, New Delhi.

No. IAC/ACQH/73-74/4179.—Whereas I, C. V. Gupte, being the Competent Authority under section 269B of the Income-tax Act, 1961 (43 of 1961) have reason to believe lhat the immovable property, having a fair market .value extending Rs. 25,000/- and bearing—

Part of constructed space situated at No. 18 Bara Khamba Road, New Delhi, (and more fully described in the Schedule annexed hereto), has been transferred as per deed registered under the Indian Registration Act, 1908 (16 of 1S08) in the office of the registering office at Delhi on 30th March, 1973, for an apparent consideration which Is less than the fair market value of the aforesaid property and 1 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 transferor(s) and the transferee(s) has not been truly stated in the said instrument of transfer with the object of: —

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1981 (43 of 1961) in respect ol any income arising from the transfer; and/or

(u) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the ourposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, lflSl (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957).

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property In terms of Chapter XXA of the Income-tax Act, 1961 (43 of 1961) have beer, recorded by me.

Now, theieiore, in pursuance of section 269C, I hereby initiate proceedings for the acquisition of the aforesaid property by the issue of this notice under sub-sec- tion (1) of section 269D of the Income-tax Act, 1981 (43 of 1961) to the following persons, namely: —

(T) M/S. Kallnsh Nath & Associates through its partner (Transferor)

Shri Kailash Nath, S/o Late Kali Cahran, R'o 23, Curzon Road, Himalaya House, New Delhi

Defence Colony, New Delhi

(3) Shri/Smi./km.

• /(Person(s) in occupation if

f(Person(s) whom the under- (4) Shri/Smt/Km. —,——. "—— i signed Knows to be interested

L in the property) Objections, if any, to the acquisition of the said property may be made In writing tu the undersigned: —

(a) by any of the aforesaid persons within a period of 45 days from the date Of publication of this notice in the Otnc-al Gazette or a period of 30 days from the service of notice on the respective persons, whichever Period expires later;

(b) by any other person interested in the said Immovable property within 45 days from the date o* 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 be 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 thai every person to whom notice is given under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

1056 sq. ft. floor area of cinstructed space on 3rd floor in the Multi Storeyed building at No. 1 g Bara Khamba Raod, New Delhi.

C. V. GUPTE.

Competent Authority

1 Inspecting Assistant Commissioner of Income-tax Acquisition Range II) Delhi/New Delhi.

Dated: 24th September, 1072.

Seal.

•Strike off where not applicable.

OFFICE OF THE COMPETENT AUTHORITY, INSPECTING ASSISTANT COM-

MISSIONER OF INCOME-TAX, ACQUISITION RANGE IV, CALCUTTA.

Notice Under Section 269D(1) of the Income-tax Act, 1981 (43 of 1D61)

Calcutta, the 21st September 1973

No. AC H/lHV/Cal/73-74.—Whereas, I M. N. Tiwary, being the competent authority under section 269B 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 28, Shyamnagar Road, Calcutta, situated at P. S. Dum Dum, Distt. 24,Parganas.

(and more fully described in the Schedule annexed hereto), has been transferred as per deed registered under the Indian Registration Act, 190B (16 of 1908) in the office of the registering officer Registrar of Assurances, Calcutta on 2nd March, 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 transferor and the transferee(s) has not been truly stated in the said instrument of transfer with the object of—

(a) facilitating the reduction or evasion Qf the liability of the transferor to pay tax under the Income-Tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the transferees for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 19S7);

And whereas the reasons for initiating proceedings for 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-section (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely: —

Trarsferor

Stnt. Labany Datta, W/o Shrl Amalcndu Datta, 104 Keshab Chandra Sent Street, Calcutta.

Transferee

1. Shri Sudhir Chandra Das, 2. Shri Praganta Chandra Das, 3. Shri Samh- Kumar Das, 4. Shri Prabir Kumar Das, 5. Shri Snnat Kumar Das 6. Monojit Kumar Das,

All of 24/1, Mohan Bagan Row, Calcutta-4.

Persoi in occupation of the property

PJKOH whom thi uvjersigied hiows to bt i^tarested in the property

Ofcjectiiras, if any, to the acauisition of the said property may be made in writing to tb* undersigned—

(a) by any of the aforesaid persons within a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property within 45 days from the date of the publication of thin 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 be fixed, and notice thereof shall be given to every person who has made such objection, and the transferee of the property.

I(i is hereby further notified that every person to whom notice is given under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given In that Chapter.

THE SCHEDULE

Southern portion of 28 Shyamnsgar Road, Dum Dum containing T bigha ]6 cottehs 14 chittake and 9 sq. ft. land in Touzi No. 228 and 229, MouM Krishnapur, P.S. Rajarhat together with a one-roomtd brick built building with one privy and one bath.

No. Ac/16/R-IV/Cal/73-74.—Whereas, I M. N. Tiwary, being the competent authority under section 269B of the Income-Tax Act, 1961 (43 of 1961), have reason to believe that the immovable property, having a fair market value exceeding; Bs. 25,000 and bearing

15, Kali Kumar Banerjee Lane, Calcutta-2, situated at P. S. Chitpur, Disttt. 24, Parganas,

(and more fully described in the Schedule annexed here to), has been transferred as per deed registered under the Indian Registration Act, 1908 (16 of 1908) in the- office of the registering officer Registrar of Assurances, Calcutta on 7th March, 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 transferor(s) and the transferee has not been truly stated in the said Instrument of transfer with the object of—

(a) facilitating the reduction or evasion of the liability of the transferors to¹ Pay tax under the Income-Tax Act, 1961 (43 of 1961) In respect of any income arising from the transfer; and

(b) facilitating the concealment of any Income or any moneys or other assets' which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act. 1961 (43 of 1961) or the Wealth-fax Act, 1997 (27 of 1957);

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property In terms of Chapter XXA of the Income-tax Act, 1961 (43 or XB610 have been recorded by me.

Now, therefore, in pursuance of section 269C, I hereby Initiate proceedings for the acqusition of the aforesaid property by the issue of this notice under sub-section <1) of section 269D of the Income-tax Act, 1961 (43 of 19BI) to the following; persons, najnely;—

Transferors

1. Shrl Oour Gopal Mltra 2. Smt. AnJflU Mlfn both of 15, K"li Kumar Banerfer Lano, (Sdcutta-a.:•

Transfree

1. Shrl Phulcband Mullick 2. Shrl Ranjit Mullick of 1 Hari Bose Lane, Calcutta-^.

Person in occupation of the property.

Person whom the undersigned knows to be interested in the Propertt/.'

Objections, 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 the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said Immovable property within 43 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 thin notice against the acqusltion of the immovable property •will be fixed, and notice thereof shall be given to every person who hag made such objection, and the transferee of the property.

It is hereby further notified that everv person to whom notice is given under "the preceding paragraph shall have a right to be hard at the hearing of the* objections.

Explanation.—The terms and expressions used herein as are defined in Chaoier XXA of 4he Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

Undivided I/3rd shar" of a partly one storeyed and party throe storeyod brick built •messuage tenement together with piece of revenue freel and containing in its entirety an area of 12 oottahs 3 chittacks being pramisoa No. 15, Kali Kutmr Banerje; Line, Cjlcatta-2, P. S. chitpur, DiBtt. 24-Parganas.

No. Ac/ 15/B-IV/ CaX/13-li.—Whereas I, M. N. Tiwary, being the competent, authority under section 269B of the Income-Tax Act, 1961 (43 of 1961), have reason to believe that the immovable property, having a fair market value exceeding. Bs. 26,000 and bearin—

No. 15, Kali Kumar Banerjee Lane, Calcutta-2 situated at P. S Chttpur,

Distt. 24, Pargana3.

(and more fully described in the Schedule rthhexed hereto), has been transferred "aa per deed registered under the Indian Registration Act, 1908 (16 of 1908) in th* office of the registering officer (Registrar of Assurances, Calcutta on 7th March^ 1973 for an apparent consideration which la less than the fair market value of the- aforesaid property and I have reason to believe that the fair market value of the-

property aa aforesaid exceeds the apparent consideration! therefor by rftore than fifteen per cent of such apparent consideration and that the consideration for such transfer as agreed to between the transferor(s) and the transferee has not been truly atated in the said instrument of transfer with th" object of—

(a) facilitating the reduction or .evasion of. the liability of the tranaferor(g) to Pay tax under the Income-Tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and /or

(b) facilitating the- concealment of any income or any moneys or other assets which have not been or which ought to be dislcosed by the. transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act. 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957);

And whereas the reasons for initiating proceedings for 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 acqusifion of the aforesaid property by the issue of this notice under sub-section (1) of section 269D of the Income-tax Act, 1981 (43 of 1961) to the following persons, namely; —

Transferor

1. Shri AchyutanandR Mitra

2. Sin. Sabitri Mitra

both of 15, Kali Kumar Banerjee Lane, Clacutta-2.

Transferee

Shri Phulchand Mallick of 1 Hari Bose Lane, CaIcutta-6.

Person in occupation of the property.

Person whom the undersigned knows to be interested In the Property.

Objections, 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 the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property within 45 days from the date of the publication of this notice in the Official Gazette.

Vt la hereby notified that a date and place for hearing the objections, if any, made in response to this notice against the acqusltion of the immovable property will be fixed, and notice thereof shall be given to every person who ha8 made such objection, and the transferee of the property.

It is hereby notified that a date and place for hearing the objections, if any, the preceding paragraph shall have a right to be heard at the hearing of the

Explanation:—The terms and expressions used herein aa are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

Undivided i/3rd share of a partly one 9toreyed and partyly three atorayed brick built messuage "nd tenement together with piece of revonue free land containing in its entirety an area of 12 cottahs 3 chittacks being premises No. 15, Kali Kumar Banerjee Lane, Clacuttg-2, P. S. Chitpur, DiltL 24-Patgtnu.

No. Ac/14/IHV/Cal/73-74.—Whereas, I M. N. Tiwary, being the competent authority under section 269B 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. 15, Kali Kumar Banerjee Lane, Calcutta-2, situated at P. S. ChHpur, Dlstt 24 Parganas

(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, Registrar of Assurances, Calcutta on 7th March, 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 transferor and the transferee has not been truly stated in the said Instrument of transfer with the object of—

(a) facilitating the reduction or evasion of the liability of the transferors to pay tax under the Income-Tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and

(b) facilitating the concealment of any Income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957):

And whereaa the reasons for Initiating proceedings for 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-section (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely: —

Transferors

1. Shri Nlrad Baran Mltra

2. Sm. Aratl Mitra

both of 15, Kali Kumar Banerjee Lane, Calcutta-2.

Transferee

Shri Ranjit Mullick

of T Harl Bose Lane, Calcutta-6.

Person in occupation 0/ the property.

Person whom the undersigned knows to be interested in the property

Objections, if any, to the acquisition of the said property may be made In writing to the undersigned—

(a) by any of the aforesaid persons wlthln a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property within 45 days from the dste 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 be fixed, and notice thereof shall be stiven 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 ls given under the preceding paragraph shall have a right to be heard at the hearing Of the objections.

Explanation-—The terms and expressions used herein as are defined In Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given In that Chapter.

THE SCHEDULE

Undivided i/3*d share of a partly one ttoreyed and partly thr"e storeyed brick built messuage and tenement together with piece of revenue free land containing In its entirety an area of 12 cottahs 3 chlttacks being promises No. 15 Kali Kumar Banerjae Lane, Clncutta-2, P.S. Chitpur Di"tt. 24-Parganas.

IPAMT ra-Src. 1] THE G A Z "m Ofr INDIA BXTKAOfiflttfABY 373,

No. Ae-13/E-lV/Cal/73-74.—Whereas, I, M. N. Tiwary, being the competent .authority under section 269B of the Income-Tax Act, 1961 (43 of 1981), have reason to believe that the immovable property, having a fair market value exceeding Bs. 25,000/- and bearing

No. 157 situated at B. T. Road, Mouza Belgharia, P.S. Baranagar (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, Sub Registrar, Cossipore Dumdum, on 23rd March, 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 considera- tion for such transfer as agreed to between the transferor and the transferee has •not been truly stated in the said instrument of transfer with the object of—•

(BI) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed bv the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957);

And whereas the reasons for initiating proceedings for the acquisition of the .aforesaid property in terms of Chapter XXA of the Income-tax Act, 1981 (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-sec- ilon (1) of section 269D of the Income-tax Act, 196i (43 of 1961) to the following •persons, namely: —

Smt. Raiha Devi Dhanuka, W/o Purushrrttam Lai

Dhanuka, 180, Chittaranjan Avenue, Calcutta —Transferor

Sun Distributors and Mining Company Ltd., 14,

Notafi Subhas Raod, Calcutta — Transferee

Person in occupation of the property.

Persfcm, whom the undersigned knows to be interested in the property.

Objections, if any, to the acquisition of the said property may be made in writing jto the undersigned—

, [PABT III—SEC. 1] THE GAZETBE OF INDIA EXTRAORDINARY 275

(b) by any other person interested in the said immovable property 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 be 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 under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation.—The terms and expresslong used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1901) shall have the same meaning as given in that Chapter,

THE SCHEDULE

15% share in 9^86 acres of land at premises Nc. 157BT. Road P.S. Baranagore, Distt 24 Parganaa, Mouza Belghoria R. S. Plots No. 4129/4990, 4129/4992 to 4129/4997, 4129/5CCO,- A 129/5001, 4129/5003 to 4129/5006, and 4129/5991.

No. Ac-12/R-IV/Oal/73-74.—Whereas, I, M. N. Tiwary, being the competent authority under section 269B of the Income-tax Act, 1961 (43 of 1961), h ue ret son to believe that the immovable Property, having a fair market value exceeding Es. 25,000/^ and bearing

No. 157 situated at B. T. Hoad, Mouza Belgoria, P.S- Baranagar.

(and more fully described in the Schedule annexed here to), has been transferred as per deed registered under the Indian Registration Act, 1908 (16 of 1908) in the office of the registering officer Sub Registrar Cossipore Dumdum, on 23rd March, 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 (air market yalue of the property as aforesaid exceeds the apparent consideration tnerefor by more than fifteen per cent of such apparent consideration and that the considera- tion for "u;h transfer as agreed to between the transferor and the transferee haa not been iliuly stated in the said instrument of transfer with the object of—

(a) lkcilltating the reduction or evasion of the liability of the transferor to Pay tax under the Income-Tax Act, 1901 (43 of 1961) in respect of any Income arising from the transfer; and

(to) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to he disclosed by the transferee for the purposes of the Indian Income-tax Act, 1822 (11 of 1922) or the Income-tax Act, JQfll (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957);

And whereas the reasons for Initiating proceedings for 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-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely: —

Smt. Shanta Devi Bangur W/o Srlnivas Bangui

16, Alipur Road, Calcutta-27 . . . Transferor

Sun Distributors and Mining Company Ltd.,

14, Netaji Subhas RaoJ, Calcutta. . Transferee

Person in occupation of the property,

perdyn, whom the undersigned knows to be interested In the Property.

Objections. If any, to the acquisition of the said property may be made In writing to the undersigned-

fa) by any of th" aforesaid persons within a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person Interested in the said immovable property 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 be 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 under the preceding paragraph shall have a 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 1981) shall have the same meaning as given in that Chapter.

TlU SCHCDULl

22% share in 9'86 acres of land at premises No. 157 B.T. Road, P.S. Baranagore, Distt. 24 Parganas, mouza Bclghoria, R.S. Plots No. 4129/4990, 4129/4992 to 4i29'4997,'4i29/5ocO3 4129/ 5001, 4129/5003 to 4129/5006 and 4129/5991.

No. Ac-ll/R-lV/Cal/73-74.—Whereas, I M. N. Tiwary, being the competent authority under section 269B of the Income-Tax Act, 1961 (43 of 1961). have reason to believe that tho immovable Property, having a fair market value exceedinc Rs. 25,000/- and bearing

No. 157 situated at B. T. Road, Mouza Belghria P. S. Baranagar, (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 Sub Registrar CVissipur Dumdum, on 23rd March, 1973 for an apparent consideration which is less than the fair market value of the aforesaid property and 1 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 considera- tion for such transfer as agreed to between the transferor and tho transferee has not been truly stated in the said instrument of transfer with the object of—

(ai) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-Tax Act, 1961 (43 of 19G1) jn respect of any income arising from the transfer; and

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by tho transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 11)22) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957):

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in tern-'i 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 undar sub-sec- tion (1) of section 269D of the Income-tax Act, 196i (43 of 1961) to the following persons, namely: —

Smt. Shanta Devi Bangur W/o Srlnivns Bangur T6,

AUpur Road, Calcutta-77 . . , Tr.7'i.f/.:ror

Sun Distributors and Mining Company Ltd., 14, Netaji

Subhas Road, Calcutta ' . . , TrJiiferee

Person in oewpation of the property. Person whom the undersigned knows to be interested in the. Property

Objections. If any, to the acquisition of the said property may be made in writing

to the undersigned—

(a) by any of th" aforesaid persons within a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property within 45 days from the date of the publication of this notice in the Official Gazette.

It ia hereby notified that a date and place for hearing the objections, if any, made in respo'rpe to this notice against the acquisition of the immovable property

will be fixed, and notice thereof shall be given to every person who nas made such objection, and the transferee of the property.

It is hereby further notified that every person to whom notice is given under the preceding paragraph shall have a 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.

THF ScHrnuj.E

20% share in 9-86 acres of land at premises No. 157, B.T, Road, P.S. Baranagore Distt.—24 Parganas Mouzn Belghoria R.S. Plots No, 4129/4990, 4129/4992 to 4129/4997, 4129/5000, 4120/5001,4129/5003 to 4129/5006 ard 4129/5991,;

No. Ac-10/R-IV/Cal/73-74.—Whereas, I M. N. Tiwary, being tbe competent authority under section 269B of the Income-Tax Act. 1961 (43 of 1961), have reason to believe that the immovable property, having a fair market value exceeding BB. 25,000/- and bearing

No. 157, (situated at B. T. Road, Mouza Belghoria, P.S. Baranagar (and more fully described in the Schedule annexed hereto), haa been transferred as per deed registered under the Indian Registration Act, 1908 (16 of 1908) in the office of the registering officer Sub-Registrar Cossipur Dumdum on 24-3-1973 for an apparent consideration which is less than the fair market value of the aforesaid pro- perty and I have reason to believe that the fair market value of the property 09 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 transferor and the transferee has not been truly stated in "the said instrument of transfer with the object of—

(a) facilitating the reduction or evasion of the liability of the transferor to Pay tax under the Income-Tax Act, 1981 (43 of 1961) In respect of any Income arising from the transfer; and

(b) facilitating concealment of any Income or any moneys or other assets which have not been or which ought to be disclosed bv the transferee for tne purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957):

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the Income-tax Act, 1981 (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-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely: —

Smt. Shanta Devi Hangur W/o Srinivas Bangut i6,

Alipur Road, Calcutta-27 , , t Trarsfnior

Sun Distributors and Mining Company Ltd., 14, Nctaji

Subhas Road, Calcutta , , > Trarsjwee

Person in occupation of the property..

Person whom the undersigned knoivx to be interested in the Property.

Objections, 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 thS date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person Interested in the said immovable property within 43 days froiji the date of the publication ol 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 be 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 under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter..

THE SCHEDULE

20% share In 9-86 acres of land at premises No. 157 B.T. Road P.S. Baranagore Dist.—24 Parganas, Mouza Bclghoria R. S. Plots" No. 4129/4990, 4129/4992 to 4129/4997, 4129/5000, 4129/ 5001, 4129/5003 to 4129/5006 and 4129/599T.

No. A

Nos. 35A and 35B situated at South SInth Road, P. S Cossipur (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 Sub-Registrar, Cossipur Dumdum on 23rd March, 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 considera- tion for such transfer as agreed to between the transferor and the transferee has not been truly stated in the said instrument of transfer with the object of —

(a) facilitating the reduction or evasion of the J lability of the transferor t'o pay tax under the Income-Tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed bv: the transferee for the purposeg of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957);

And whereas the reasons for initiating proceedings for 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-sec- tion (1) of section 269D of the Income-tax Act, 1981 (43 of 1961) to the following persons, namely:—•

Smt. Parul Bala Paul w/o Lite Kanal Lai Paul,

77, Beniatolla Street, Calcutta . Tri^sferor

Smt. Kankabati Roy w/o Shri S.N. Roy, 3B, Shyam

Square East, Clacutta. . . , Trjufarce

Person in occupation of the property.

Person whom the undersigned knows to be interested in the property.

Objections if any, to the acquisition of the said property may be made in writing to the undersigned—

(al by any of the aforesaid persons within a period of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property within 45 days from the date of the publication of this notice in the Official Gazette.

It IK hereby notified that R dato and place for hearing the objections, if any, made in response to this notice against the acquisition of the immovable property will be 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 under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 19G1) shall have the same meaning as given in that Chapter.

f

THE SCHEDULE

Land measuring 3 bighas 15 cottahs at 3/1, Gour Sundar Sett Lane and 35A and 35!!, South Sinthi Raodj Calcutta.

Calcutta, the 19th September 1973

No. Ac-40/It-II/Cal/"J3-74.—Whereas, I, M. N. Tiwary, being the competent authority under section 2G9B of the Income-Tax Act, 1961 (43 of 1961), have reason to believe that the Immovable; property, having a fair market value exceeding Hs. 25,000/- and bearing

No. 5/ID, (Western portion) situated at Despriya Park East, P.S Tollygunge, (and more fully described in the Schedule annexed hereto), has been tangferred as per deed refiistered under the Indian Registration Act, 1908 (16 of 1908) in the office of the registering officer Sub-Registrar, Alipur Sadar on 7th March. 1973 for an apparent consideration which is less than the fair market value of the aforesaid property ana I have reason to believe that the fair market value of the property as aforesaid exceeds the apparent consideration therefor by more than (If1°en per cent of such apparent consideration and that the considera- tion for such transfer as agreed to between the transferor and the transferee has not been truly stated in the said instrument of transfer with the object of—

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-Tax Act, 1981 (43 of 1961) in respect of any Income arising from the transfer; and

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed hv the transferee for the purpose^ of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act. 1957 (27 of 1957);

And whereas the reasons for initiating proceedings for 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 herebv initiate proceedings for the acquisition of the aforesaid property by the issue of this notice under sub-sec- lion (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely: —

Shri Jtwnclra Nnth Mifra S/o Late Mamndra Nath

Mitra, 86K, Minoharpukut¹ Road, Calcutta , Transferor

Smt. Mamtita Ghosh w/o Shri Amaiendu Ghosh,

229B, Vivekanand Road, Calcutta . . . Transferee

Person in occnpation of the property,

person whom the undersigned kno-ws to bt> interested in the Property,

Objections, 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 the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property 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 be 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 under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation,—The terms and expressions used herein as are defined in Chapter

h XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given In that Chapter.

THE SCHEDULE

Premises No. 5/1D (Western portion) Despriya Park East, P.S. ToIIygunge, Calcutta having an area of 3 cottahas 14 chattacks and 36 sq. ft.

No Ac-41/R-H/Cal/73-74.—Whereaa, I M. N. Tiwary, being the competent authority under section 269B 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. ^93/92/1 situated at Blren Roy Road~ East, Calcutta, (and more fully described, in the Schedule annexed hereto), has been transferred as per deed registered under the Indian Registration Act, 1908 (18 of 1908) in the office of the registering officer Registrar of Assurances, Calcutta, on 31st March, 1973 for an apparent consideration which is less than 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 considera- tion for such transfer as agreed to between the transferor and the transferee has not been truly stated In the said instrument of transfer with the object of—

(a) facilitating the reduction or evasion of the liability of the transferor to Pay tax under the Income-Tax Act, 1961 (43 of 1961) in respect of any Income arising from the transfer; and

(b) facilitating the concealment of any Income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act. 1957 (27 of 1957);

And whereas the reasons for initiating proceedings for 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 lor the acquisition of the aforesaid property by the issue of this notice under sub-sec- tion (1) of section 269D of the Income-tax Act, 19Qi (43 of 1961) to the following persons, namely: —

Purnendu Mohan Bose5 103 C, Block F, New Alipore,

Calcutta-53

Transferor

Bejoy Kumar Bajoria, 51, Bhupendra Bose Avenue,

Calcutta-4.

. . , Transferee

Person in occupation of the property.

Person whom the undersigned knows to be interested in the property.

Objections, 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 the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property 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 be 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 under the preceding paragraph shall have a right to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

No. 293/Q2/T, Biren Roy Road East, Cfllcutrn C. S. Das: No. 604 Kh. No. 638 area 39 K. 4 Ch. 11 sq. ft, P.S. Bchaia, Distr. 24 Parganas.

No. Ac-43/E-n/Cal/73-74.—Whcrt-as, I, M N. Tiwary, being the competent authority under section 269B 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. 203, 164, 264, 265, 162, 695, 272, 272/700, 271, 166, 273; 274/797, 261, 2G2, 168 situated at Mouza Chakmarl P. S. MaheshtaUa Dist. 24- Parganas, (and more fully described in the Scheduled 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 Sub-Registrar, Alipur Sadar on 31st March, 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 lair 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 transferor(s) and the transferee(s) has not been truly stated in the said Instrument of transfer with the object of—

(a) facilitating the reduction or evasion of tho liability of the transferor to pay tax under the Income-Tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1061 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957):

And whereas the reasons for Initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the income-tax Act, 1961 (43 of 1901) 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-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following peraoni, namely: —

Birla Jute Manufcturins Co. Ltd., 15, India Ex-

change Place, Clacutta-i . . . Transferor

Associated M e rl Industries, 27!}, Chittaranjan

Avenue, Calcutte-13 Transferee

Person in occupation of the property.

Person whom the undersigned known to be interested in the Property.

Objections, 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 the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property 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 be fixed, and notice thereof sail 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 under the preceding paragraph shall have a right to be heard at the heafln? of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have same meaning as given In that Chapter.

THE SCHEDULE

District 24-Parganas P.S. Mahestolla Mouza : Chakrnari J. L. No. 8 area 3 • 37 acres of land com- prised in different Dag Nos. 263,164, 364,265,272,272 700, 271,166, 273, 274./-X57, 261, 262, t6S, 162, 695.

• { P A RT I I I —S E C. 1] T HE G A Z E T TE OF I N D IA E X T R A O R D I N A RY

2 93

No. Ac-43/K-U/Cal/73-:4.—Whereas I, M. N. Tlwary, being the competent authority under section 269B 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 ' - a r ms

No. 164, I'tuated at Prince Anwar Shah Road, Tollygunge, Calcutta (and more fr'l\- described In the Schedule annexed hereto), has been transferred as v deed registered under the Indian Registration Act, 1908 (18 of 1908) in the o.ilce of the registering officer Sub-Registrar, Allpore, on 14th March, 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 transferor(s) and the transferee(s) has not been trully stated in the said instrument of transfer with the ob.iect of—

(a) facilitating the reduction or evasion of the liability of the transferor to Pay tax under the Income-Tax Act, 1901 (43 of 1961) in respect of any income arising from the transfer; and

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 19S2) or the Income-tax Act, 19G1 (43 of 1961) or the Wealth-tax Art, 10Ti7 ;^7 of 1957);

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terms of Chapter XXA of the income-tax Act, 1961 (43 of 1981) 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-sec- tion (1) of section 2G9D of the Income-tax" Act, 1961 (43 of 1901) to the following persons, namely : —

Ban;ur Land Development Corporation Ltd.,

5, Deshrran Sasmal Raod, Calcutta-23 • Trursfa'or

Adhunika Co-operative Housing Society Ltd.,

132, Charachandra Place East, Caclutta-33 . Tr

Person in occupation of the property. Person whom tho undersigned knows to be interested in the Property.

Objections, 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 the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, Whichever period expires later;

(b) by any other person Interested In the said Immovable property 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, H sny; made in response to this notice against the acquisition 'of the immovable property- will be 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 under the preceding paragraph s r mn n avc a, right to be heard at the hearing of the

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1901 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

10 cottahs 15 chattacta. and 18 sq.ft. landat Mouzs Arakpore , C. S. DagNos 74, 74/192 74/TQI(P\ 74/TQ4fP\ftnd 74/KM(F) at premises No. 164, Prince Anwer Shun Road, F.S. Tollygunge, Calcutta.

No. Ac-44/R-H/Cal/73-74.—Whereas, I, M. N. Tlwary, being the competent authority under section 269B of the Income-tax Act, 1981 (43 of 1961). have reason to believe that the immovable property having a fair market value exceeding Rs. 25,000/- and bearing

No. 10/2, diamond Harbour Road, situated at P. S. Alipore, Calcutta, (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 Distt. Sub-Registrar, Alipore on 30th March, 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 transferor and the transferee has not been truly stated in the said instrument of transfer with the object of—

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-Tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and

(b) facilitating the concealment of any Income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act. 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957);

And whereas the reasons for initiating proceedings for 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 aub-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely:—•

Shrl Subodh Kumar Dey, s/o Late Nab Kr. Dey,

30, Elgin Road, Calcutta-20.

. Transferor

Shri Ramesh Chandra Chrbria s/o K. L. Cbabria

2A, Rakhal Mukherjee Road, Calcutta-25 . Transferee

Person In occupation of the property.

Person whom the undersigned knows to be interested in the Property.

Objections, 11 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 daye frdm the date of publication of this notice in the Official Gazette or a period of 30

(b) by any other person interested in the said immovable property 'within 45 days from the date of the publication of this notice in the Official Gazette.

It jo 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 be 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 under the proceeding paragraph shall have a right to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as .given in that Chapter.

THE SCHEDULE

Premises No. io'aDiamond Harbour Road P.S. Alipic Calcutta bavinj 5 C-ottalw an i 15 sq- ft land and other structures.

No. Ac-45/R-II/'Cal/73-74.—Whereas, I, M. N- Tiwary, being the competent authority under section 269B of the Income-tax Act, 1961 (43 of 1961), have reason to believe that the Immovable property having a fair market value exceeding R". 25,000/- and bearing

No. 168, situated at Prince Anwar Shah Road, P. 3. Tollygunge, Calcutta '(and more fully described in the Schedule annexed hereto), has been

transferred aa per deed registered under the Indian Registration Act, 1908 (16 of 1908) In the office of the registering officer Joint Sub-Registrar, Alipur on 31st March, 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 transferor and the transferee has not been truly stated in the said instrument of transfer with the object) of—

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-Tax Act, 1061 (43 of 1961) in respect of any income arising from the transfer; and

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922), or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax, Act, 1957 (27 of 1957);

And whereas the reasons for initiating proceedings for 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-sec- tion (1) of section 269D of the IncOme-tax Act, 1961 (43 of 1961) to the following persona, namely:^

Ranganath Bangui 16, Alipur Road3 CaIcutta-27. . Transferor

Bangur Land Development Corporation Ltd.,

5, Deshapran Sasmal Road, Calcutta-33. . Transferee

Person in occupation of the property.

Person whom the undersigned knows to be interested in the Property.

Objections, 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 the date of publication of this notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person Interested In the said immovable property '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, njade in response to this notice against the acquisition of the immovable property will be fixed, and notice thereof shall be given 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 under the preceding paragraph shall have a light to be heard at the hearing of the objections.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the IncOme-ta" Act, 1961 (43 of 1961) shall have the same meaning as "lven in that Chapter.

THE SCHEDULE

Free hold vacant land 51 sataks, I '4th share. Dag No. 19 Mouza Gobindapur, P.S. ToUygung* Premise* No. 168, Prince Anwar Shah Road, Calcutta.

[PART I H _ S " C. 1] TIJB GAZETTE Off INPIA- EXTOAOWOfNABV 3q*

No. Ac-16/R-II/Cal/73-74.—Whereas, I, M. N. Tiwari, being the competent authority under section 260B of the Income-Tax Act, 1961 (43 of 1961), have reason to believe that the immovable property, having a fair market value exceed- ing Rs. 25,000/- and bearing—

No. 168 situated at Prince Anwar Shah Road, P.S. Tollygunge, Calcutta, (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 Joint Sub-Registrar Alipur, on 30th March, 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 considera- tion for such transfer as agreed to between the transferor and the transferee has not been truly stated in the said instrument of transfer with the object of—

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-Tax Act, 1961 (43 of 1961) in respect of any income arising from the transfer; and

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act, 1957 (27 of 1957);

And whereas the reasons for initiating proceedings for the acquisition of the aforesaid property in terma 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-sec- tion (1) of section 269D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely:—•

Rangwwth Bangur 16, Alipur Road, Clacutta-27 . Transferor

Bangui Land Development Corporation Ltd.

5, Qethparap Saamri Rood, Calcutta-33 - Transfer*

P*r"on in occupation of the property.

Person wham the undersigned knows to be interested in the property

Objections, if any, to the acquisition of the said property may bo made in writing to the undersigned—

(a) by any of the aforesaid persons within a period of 45 days from the date of publication of thla notice In the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person interested in the said immovable property within 45 days from the date of the publication ol this notice In the Official Gazette.

It 1B hereby notified that a date and place fpr hearing the objections, If any, made in response to this notice against the acquisition oi the immovable property will be fl*ed, 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 under the preceding paragraph shall have a right to be heard at the hearing of the objectiona.

Explanation.—The terms and expressions used herein as are defined in Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as given in that Chapter.

THE SCHEDULE

Free holi vacant land 51 aataks, i/4th share, Dag No. 19 Mouza Gobindapur P.S. |Tollygunge Premises No. 168, Prince Anwar Shah Reod, Calcutta.

M.'N. TIWARY, Compctnt Authorltry Date : 19-9-73 Clngpecttajt Assistant Commissionca of Income Tax Acqimtiov Range n Cacut Seal

P-I3J Chowxinghec Square,

Calcutta-i.

OFFICE OF THE COMPETENT AUTHORITY, INSPECTING ASSISTANT COMMISSIONER OF INCOME-TAX, ACQUISITION RANGE I

NOTICE UNDER SECTION 269D(1) OF THE INCOME-TAX ACT, 1961 (43 OF 1961) Calcutta, the 19th, September 1973

Nky. tI

(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the Income-Tax Act, 1961 (43 of 1961) in respect of any Income arising from the transfer; and

(b) facilitating the concealment of any income or any moneys or other assets which have not been or which ought to be disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the Income-tax Act, 1961 (43 of 1961) or the Wealth-tax Act. 1957 (27 of 1937);

And whereas the reasons for initiating proceedings for 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, iij pursuance of section 269C, I hereby initiate proceedings for the acquisition of the aforesaid property by the issue of this notice under sub-sec- tion (1) of section 2fl9D of the Income-tax Act, 1961 (43 of 1961) to the following persons, namely: —

(1) Sri Ratanjit Samanta Transferor

(2) Smt. Hen" Saha 1

S- Transferees

(3) Sri Manindra Lai ChoudhuryJ

Person In occupation of the property.

Person whom the undersigned knows to be interested in the Property.

Objections, 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 the date of publication of thia notice in the Official Gazette or a period of 30 days from the service of notice on the respective persons, whichever period expires later;

(b) by any other person Interested in the said immovable property within 4S days from the date of the publication of this notice in the Official Gazette.

It ia 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 b 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 la given under the preceding paragraph shall have a right to be heard at the hearing of the objections.

[PABT J H - S E C. 1] THE QAZWTTK OF INDIA BXTO^QWHNAJHf 305

Explanatldn.—The terms and expressions used herein as are deflned In Chapter XXA of the Income-tax Act, 1961 (43 of 1961) shall have the same meaning as. given in that Chapter,

THE SCHEDULE

A plot ofland measuring 7 Cottahs 15 Chittaksmoreorlcss atpremkes No. 7jKenkulie Fcadj.

Calcutta.

Date: 19.9.73 Seal :