Section 269UL of Income Tax Act "Restrictions on registration, etc., of documents in respect of transfer of immovable property"
269UL. (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 269UC 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 269UC, is furnished along with 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 269UC.
(3) In a case where the appropriate authority does not make
an order under sub-section (1) of section 269UD for the
purchase by the Central Government of an immovable property,
or where the order made under sub-section (1) of section
269UD stands abrogated under sub-section (1) of section
269UH, 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.
269UM. 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.