What is the meaning Properties liable for acquisition under this Chapter not to be acquired under other laws? What is Chapter not to apply where transfer of immovable property made after a certain date? What is Chapter not to extend to State of Jammu and Kashmir? Section 269R, 269RR and 269S of Income Tax Act 1961

Properties liable for acquisition under this Chapter not to be acquired under other laws, Chapter not to apply where transfer of immovable property made after a certain date and Chapter not to extend to State of Jammu and Kashmir are defined under section 269R, 269RR and 269S of Income Tax Act 1961. Provisions under these Sections are:

Section 269R of Income Tax Act "Properties liable for acquisition under this Chapter not to be acquired under other laws"

Section 269R. Notwithstanding anything contained in the Land Acquisition Act, 1894 (1 of 1894), or any corresponding law for the time being in force, no immovable property referred to in section 269C shall be acquired for any purpose of the Union under that Act or such law unless the time for initiation of proceedings for the acquisition of such property under this Chapter has expired without such proceedings having been initiated or unless the competent authority has declared that such property will not be acquired under this Chapter.

 

Section 269RR of Income Tax Act "Chapter not to apply where transfer of immovable property made after a certain date"

Section 269RR. The provisions of this Chapter shall not apply to or in relation to the transfer of any immovable property made after the 30th day of September, 1986.

 

Section 269S of Income Tax Act "Chapter not to extend to State of Jammu and Kashmir"

Section 269S. The provisions of this Chapter shall not extend to the State of Jammu and Kashmir.

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