Insertion of New Section 269rr
In the Income-tax Act, after section 269R, the following section shall be inserted with effect from the 1st day of October, 1986, namely :-
"269RR. Chapter not to apply where transfer of immovable property made after a certain date. - 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.".