What is Order of appropriate authority to be final and conclusive? What is Chapter not to apply to certain transfers? What is the meaning Chapter not to apply where transfer of immovable property effected after certain date Section 269UN, 269UO and 269UP of Income Tax Act 1961

Order of appropriate authority to be final and conclusive and Chapter not to apply to certain transfers are defined under section 269UN, 279UO and 269UP of Income Tax Act 1961. Provisions under these Sections are:

Section 269UN of Income Tax Act "Order of appropriate authority to be final and conclusive"

269UN. Save as otherwise provided in this Chapter, any order made under sub-section (1) of section 269UD or any order made under sub-section (2) of section 269UF shall be final and conclusive and shall not be called in question in any proceeding under this Act or under any other law for the time being in force.

 

Section 269UO of Income Tax Act "Chapter not to apply to certain transfers"

269UO. The provisions of this Chapter shall not apply to or in relation to any immovable property where the agreement for transfer of such property is made by a person to his relative on account of natural love and affection, if a recital to that effect is made in the agreement for transfer.

 

Section 269UP of Income Tax Act "Chapter not to apply where transfer of immovable property effected after certain date"

269UP. The provisions of this Chapter shall not apply to, or in relation to, the transfer of any immovable property effected on or after the 1st day of July, 2002.