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WEBSTER INDUSTRIES LTD versus UNION OF INDIA AND OTHERS


The purchase of immovable property by the central government is attributable to the death of the individual property which is inherited by the heirs as a result of the inheritance of the shareholder in the interest of the heirs of the Muslim legacy. Owner's share is less than Rs 1 lakh though market value lakhs is a joint venture of over 60 million properties in which 13 co-owners contracted for property sale. Each center owner is considered to be executing a property sale agreement. Indian Income Tax Act is not ready to purchase the property forcibly, 1961, Chapman x C, Section 269 U (1) Indian Income Tax Rules, 1962, Form No. 37 I

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