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<h1>Income Tax Act Section on Government Purchase of Immovable Property Comes Into Effect on Varying Dates</h1> The chapter concerning the purchase by the Central Government of immovable properties in certain transfer cases under the Income Tax Act, 1961, shall come into effect on dates specified by the Central Government through official notifications. Different commencement dates may apply to different geographical areas as determined by the government. This provision was introduced by the Finance Act, 1986, and its enforcement for specific areas has been notified on separate occasions.