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Section 269UM – Income Tax Act, 1961

Income Tax Act, 1961

 

 

Section 269UM. IMMUNITY TO TRANSFEROR AGAINST CLAIMS OF TRANSFEREE FOR TRANSFER.

 

Notwithstanding anything contained in any other law or in any instrument or any agreement for the time being in force, when an order for the purchase of any immovable property by the Central Government is made under this Chapter, no claim by the transferee shall lie against the transferor by reason of such transfer being not in accordance with the agreement for the transfer of the immovable property entered into between the transferor and the transferee :

 

Provided that nothing contained in this section shall apply if the order for the purchase of the immovable property by the Central Government is abrogated under sub-section (1) of section 269UH.

 

 

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Income Tax Act, 1961 

 

Indian Laws – Bare Acts

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