Income Tax Department

Ministry of Finance, Government of India

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Section 269Q

Chapter not to apply to transfers to relatives.

Section

Section Number

269Q

Chapter

Chapter XXA - ACQUISITION OF IMMOVABLE PROPERTIES IN CERTAIN CASES OF TRANSFER TO COUNTERACT EVASION OF TAX

Act

Income-tax Act, 1961

Year

2012

Chapter not to apply to transfers to relatives.

Chapter not to apply to transfers to relatives.

Chapter not to apply to transfers to relatives.

269Q. The provisions of this Chapter shall not apply to or in relation to any transfer of immovable property made by a person to his relative on account of natural love and affection for a consideration which is less than its fair market value if a recital to that effect is made in the instrument of transfer.

Footnotes