S. 269UD : Purchase by Central Government of immoveable properties–Auction process is conducted bona fide and in public interest-Appellant given several opportunities to bid in fresh auction conducted but not doing so-Sale Confirmed in favour of fresh buyer-No arbitrariness.
Sankalp Recreation Pvt.Ltd v. UOI (2019) 418 ITR 673/ 267 Taxman 565 (SC) Editorial: Order in Sankalp Recreation Pvt.Ltd v. UOI ( 2019) 411 ITR 671/ 258 Taxman 341 (Bom) (HC) is affirmed