Section 269UK
Restrictions on revocation or alteration of certain agreements for the transfer of immovable property or on transfer of certain immovable property. Repealed
About this Act
An Act to consolidate and amend the law relating to income-tax and super-tax
(1) Notwithstanding anything
contained in any other law for the time being in force, no person shall revoke or alter an agreement for the
transfer of an immovable property or transfer such property in respect of which a statement has been
furnished under section 269UC unless,—
(a) the appropriate authority has not made an order for the purchase of the immovable property by the Central Government under section 269UD and the period specified for the making of such order has expired; or
(b) in a case where an order for the purchase of the immovable property by the Central Government has been made under sub-section (1) of section 269UD, the order stands abrogated under sub-section (1) of section 269UH.
(2) Any transfer of any immovable property made in contravention of the provisions of sub-section (1) shall be void.
(a) the appropriate authority has not made an order for the purchase of the immovable property by the Central Government under section 269UD and the period specified for the making of such order has expired; or
(b) in a case where an order for the purchase of the immovable property by the Central Government has been made under sub-section (1) of section 269UD, the order stands abrogated under sub-section (1) of section 269UH.
(2) Any transfer of any immovable property made in contravention of the provisions of sub-section (1) shall be void.