TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 269S Income Tax Act limits property transfers to prevent tax evasion, excluding Jammu and Kashmir after 2020</h1> Section 269S of the Income Tax Act, 1961, addresses the acquisition of immovable properties in certain transfers to prevent tax evasion. Originally inserted in 1972, the provision imposes restrictions or conditions on transactions involving immovable property to counteract tax avoidance. The section was later omitted with respect to the State of Jammu and Kashmir following the reorganization order in 2020, indicating that these provisions no longer apply within that jurisdiction. The statute aims to ensure transparency and compliance in property transactions to safeguard tax revenue.
TaxTMI 
TaxTMI 
