Acquisition of immovable properties restricted where transfer aims to counteract tax evasion under Income tax law. Section 269S of the Income tax Act treats acquisition of immovable properties resulting from transfers designed to counteract tax liability as governed by a statutory anti evasion rule; it limits or regulates such acquisitions to prevent tax evasion, and was introduced by a legislative amendment in the early 1970s with a subsequent territorial adaptation removing a prior exclusion.