Mera Samvidhaan All of Income-tax Act, 1961

Chapter XX-A

269QChapter not to apply to transfers to relatives.

Section 269Q · Chapter XX-A · page 929 of the Act

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.

Section 269Q of The Income-tax Act, 1961 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.