The respondents showed cause, but the order of pre emptive purchase was made by the appropriate authority.
Accordingly, a numberice dated 6th November, 1995 was issued to the respondents to show cause why the said immovable property should number be subjected to pre emptive purchase under Chapter XX C of the Income Tax Act, 1961.
On 12th August, 1995, the second and third respondents entered into an agreement to sell to the first respondent immovable property situated in Ahmedabad for the sum of Rs.47 lakhs.
This order was challenged in the writ petition.
The judgment and order was passed on a writ petition filed by the first respondent in the following circumstances.
BHARUCHA, J. LITTTTTTTJ The Revenue is in appeal by special leave against the judgment and order of a Division Bench of the High Court of Gujarat.
