1994 (4) TMI 26 - HC - Income Tax

Summary

The High Court of Patna quashed an order passed by the Income-tax Department under section 269UD of the Income-tax Act, 1961, due to a violation of the principles of natural justice as the petitioners were not heard before the order was issued. The court did not address other grounds of challenge raised by the petitioners. The Revenue is allowed to proceed further in accordance with the law. No costs were awarded.