TaxationaryHomeReview

1961Section 269UM

269UM. Immunity to transferor against claims of transferee for transfer.

In the 2025 Act1 match · Unreviewed
  • 2025 No counterpartNot carried forward · Unreviewed · Compare

From the Income Tax Department's correspondence.

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 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.

Income-tax Act, 1961: text as on 22 May 2026 · Official source ↗ ·