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[Cites 0, Cited by 10] [Section 269E] [Entire Act]

Union of India - Subsection

Section 269E(3) in The Income Tax Act, 1961

(3)For the removal of doubts, it is hereby declared that objection may be made under sub-section (1) that the provisions of clause (a) of sub-section (2) of section 269-C do not apply in relation to any immovable property on the ground that the fair market value of such property does not exceed the apparent consideration therefor by more than twenty-five per cent. of such apparent consideration.