The Gazette India
EXTRAORDINARY
PART III—Section 1
PUBLISHED BY AUTHORITY
No. 21 NEW DELHI. SATURDAY, MARCH 27, 1982/CHAITRA 6,1904
Separate paging is given to this part in order that it may be filed as a separate
$1 THE GAZETTE OF INDIA : EXTRAORDINARY [PART HI—SEC. 1]OFIICE OF THE INSPECTING ASSISTANT COMMIS- SIONER OF INCOME TAX, ACQUISITION RANGE I ^ NEW DELHI
Notfw! Under Section 269 D (D of The Income Tn*. Act, 1961 (43 of 1961)
Now Delhi, the 27th March, 1982
No. IAC/Acq. I/SR-HI/8-81/918.—Whereas I, S. R. Gupta tmtag the Competent Authority under section 269B of the In- <;Qme-tax Act, 1961 (43 of 1961) (hereinafter referred to as the said Act) have reason to believe that tho immovable property, having a fair market value exceeding Rs. 25000 and bearing No, JJot No. L-35, situated at Kalkaji, New Delhi (and more fully described in the Schedule annexed hereto), has been transferred under the Registcration Act, 1908 (16 of 1908) in the Office of the registering officer at on June 81, for an apparent considera- tion which is less than the fair market value of the aforesaid property and I have reason to believe thut the fair market value of the property as aforesaid exceeds the apparent consideration therefor by more than fifteen percent of such apparent considera- tion and that the consideration for such transfer as agreed to between ihe transferors) and transferee(s) has not been truly stated in the snid instrument of transfer with the object of:—
(a) facilitating the reduction or evasion of the liability of the transferor to pay tax under the said Act, in respect of any inconw ariiing 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 bo disclosed by the transferee for the purposes of the Indian Income-tax Act, 1922 (11 of 1922) or the said Act, or the Wealth-tax Act, 1957 (27 of 19 V7).
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 said Act, to the following persons, namely:—
(1) Shri Wazir Chand Mehra S/o Late Sh. Durga Das, r/o 5-C/8, Now Rohtak Road, New Delhi. (Transferor).
(2) Mrs. Parsanta Rani, W/o Sh. Roshan La! & Mr. Rakosh Kumar s/o Sh. Roshan Lai both r/o 146, Ajmeri Gate Bazar, Delhi-110006. (Transferee),
(3) Shri/SraWKm.—— — (Person^) in occupation of the property).
(4) Shri/SmL/Km.™ —
(Pcrson(") 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 undortigned:—
(a) by any of aforesaid parson* within a period of 45 days from the date of publications of this notice in the Official Gazette or a period of 30 days from the service of notice on the. respective penons, whichever period expire* later;
(b) by any other person intqrwted in tho Official Gazette:
Explanation:—The terms $nd exprosjons wed herein as arc Defined In Chapter XXA of the said Act, shall have the same meaning as given in that Chapter.
SCHEDULE
Plot No. L-35, Kalkaji, Now Delhl-19, area 316.66 "q. yd.
S. R. GUPTA, Competent Authority, (Inspecting Assistant Commit- aioner oflnoome Tax)
Date 27-3-81.