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Union of India - Section

Section 269UL in The Income Tax Act, 1961

269UL. Restrictions on registration, etc., of documents in respect of transfer of immovable property.

(1)Notwithstanding anything contained in any other law for the time being in force, no registering officer appointed under the Registration Act, 1908 (16 of 1908), shall register any document which purports to transfer immovable property exceeding the value prescribed under section 269-UC unless a certificate from the appropriate authority that it has no objection to the transfer of such property for an amount equal to the apparent consideration therefor as stated in the agreement for transfer of the immovable property in respect of which it has received a statement under sub-section (3) of section 269-UC, is furnished alongwith such document.
(2)Notwithstanding anything contained in any other law for the time being in force, no person shall do anything or omit to do anything which will have the effect of transfer of any immovable property unless the appropriate authority certifies that it has no objection to the transfer of such property for an amount equal to the apparent consideration therefor as stated in the agreement for transfer of the immovable property in respect of which it has received a statement under sub-section (3) of section 269-UC.
(3)In a case where the appropriate authority does not make an order under sub-section (1) of section 269-UD for the purchase by the Central Government of an immovable property, or where the order made under sub-section (1) of section 269-UD stands abrogated under sub-section (1) of section 269-UH, the appropriate authority shall issue a certificate of no objection referred to in sub-section (1) or, as the case may be, sub-section (2) and deliver copies thereof to the transferor and the transferee.