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[Cites 0, Cited by 3] [Section 269UK] [Entire Act]

Union of India - Subsection

Section 269UK(1) in The Income Tax Act, 1961

(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 269-UC unless,-
(a)the appropriate authority has not made an order for the purchase of the immovable property by the Central Government under section 269-UD 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 269-UD, the order stands abrogated under sub-section (1) of section 269-UH.