Section 269QCentral Act
Section 269Q: Chapter not to apply to transfers to relatives
Chapter not to apply to transfers to relatives.
- The provisions of this Chapter shall not apply to or in relation to any transfer of immovable property made by a person to his relative on account of natural love and affection for a consideration which is less than its fair market value if a recital to that effect is made in the instrument of transfer.Previous
Sec 269P — Statement to be furnished in respect of transfers of immovable property
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Sec 269R — Properties liable for acquisition under this Chapter not to be acquired under other laws
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