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Extraordinary Gazette of India · Government of India

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Published 25 October 1982

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REGISTERED No. D. (D.N.)-72

The Gazette of India

EXTRAORDINARY

PART III—Section(1)

PUBLISHED BY AUTHORITY

No. 6] NEW DELHI, MONDAY, OCTOBER 25, 1982/KARTIKA 3, 1904

Separate Paging is given to this part in order that it may be filed as a separate

compilation

(1) 892 GI/82 2 THE GAZETTE OF INDIA : EXTRAORDINARY [FAK. . .. , _. .j consideration for such transfer as agreed to between the parties has not been truly stated in [he said instrument of liansfcr with the object of :—

U) facilitating the reduction oi evasion of Ihe liability of Ihe tmnsferor to pay tax under the said \ct in respect of any income arising from the iiansfei ; and/oi

(h) facilitating the concealment of 'iny income oi any moneys or other assets which have not been or which ought lo he disclosed by the iranstciee toi the purpoie of the Indian Income-lax: Act 1922 (11 of 1922) or the s.iid Act or the Wealth-tax Act, 1957 (27 of 1957);

Now iheicfoic, in pursuance of section 269C ol the said Act, 1 hereby initiate proceedings for the acquisition of the aloresaij piopcrty by the is-sue of this notice heicby under sub-section (1) of section 269D ot the ..aid Act lo ihe follow- ing pei sons, namely :—

(1) M/s. Ghanshyam D is Bin'ini HUF Ratnam \pmt- ments, 4-Little Griffs Road, Bombay. (Transfcroi)

(2) M/s. Binani Chaiitable Tmst, 12 1R Vithal Hhai Patel Road, Bombay-400004. iTn.nsferee)

'(3) Shii/Shrimah/Kumari X (Person in occu-

pation of (he properly)

k(4) Shri/Shriirmti/Kumari X 'Person whom the undersigned knows to be interesf;d in fhc pro- pcity)

objections, if any to the acquisition of the s.iid properly may be made in wilting to the imdetsigned :—

MINISTRY OF FINA>CE

(Department of Revenue)

^Officer of the Inspecting Assistant Commissioner of Incomu-tax

(a) by any of the atoiesaid persons within a peiiod of 45 days from the date of publication of this notice in the Official Gazette or a period of 30 days from Ihe sctvicc of notice on the respectse pcisons whichever period expires later ;

(Acquisition Range)

NOTICE UNDER SECTION 269D (I) OF TH1- 1NC0MH TAX ACT, 1961 (43 OF 196!)

Jaipur, the 20th October, 1982

Rcf. No. ReJ/IAC (Acq.-/143!>.—Whereas, I Mohan, Singh being the competent authority under Section 269B of the Income-tax Act, 1961 (43 of 1961) (heieinaftci referred to as the said Act), have icaion to helieve that the immovable property, having a fair market value exceeding Rs. 25,000 Hnd bearing No, Binani Building situated a'. Bikaner (and more fully described in the schedule annexed hereto), has been transfened under the Registration Act 1908 (16 (if 1908) in the office of the Registering Officer at Bikaner on 25-1-82 for an apparent consideration which is less than the fair market value of the aforesaid property and I have icason to believe the fair market value of the property as aforesaid exceeds the apparent considerations1 thereof by ?noie than flftten pei cent of such apparent consideration and lhat llie (b) by any other persons, intetestcd in the said immo- veable property, within 45 days from the date of the publication of this notice in the Official Gazette.

Explanation •— The terms and expressions used herein as art defined in chaptei XXA of the said Act, shall have the same meanings as given in (hat Chapter.

Sf HEDULE

Binani Building, Near Aljikh Sagai Well, Bikanei and more fully described in the jale deed legistered by S. R., Bikaner vide No. 358 dated 25-1-82.

Dated : 20-10-82.

MOHAN SINGH, Competent Authority

Seal :

k Strike off whcie not applicable.

I'RINTI I) UV THE \1ANA(,I R, (_,O\T. Oh" I N DU PRES!T, 11INO ROAL\ N EW D E L H I - 1 1 0 0 64 \ ND PUnLlSHEl} HY I HI ( O M R O M ER 'il 1"! R] TC ATIONS, DH III-] 1 0 0 5 4, 1 9 82 ,
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