https://www.taxtmi.com/caselaws?id=14614 Chapter XX-C of the Income-tax Act applies only to transfers specifically covered by section 269UA(f), namely sale, exchange, long-term lease, or similar transactions conferring rights of enjoyment. A mortgage creates only a security interest for repayment of a loan and does not transfer ownership or the right of enjoyment contemplated by the Chapter. Accordingly, mortgage deeds are outside the pre-emptive purchase and no-objection certificate regime, and the registering officer cannot refuse registration on the ground that such a certificate has not been obtained. en-us Tue, 06 Apr 1999 00:00:00 +0530 Fri, 17 Jul 2009 15:43:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14614 Chapter XX-C of the Income-tax Act applies only to transfers specifically covered by section 269UA(f), namely sale, exchange, long-term lease, or similar transactions conferring rights of enjoyment. A mortgage creates only a security interest for repayment of a loan and does not transfer ownership or the right of enjoyment contemplated by the Chapter. Accordingly, mortgage deeds are outside the pre-emptive purchase and no-objection certificate regime, and the registering officer cannot refuse registration on the ground that such a certificate has not been obtained. Case-Laws Income Tax Tue, 06 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14614