Amendment of section 281A

Section 32 of the Finance Act, 1984 deals with amendment of section 281A. Amendment of section 281A. 32. In section 281A of the Income-tax Act,— (a) in sub-section (1) for the portion beginning with the words "the real owner of such property unless,—" and ending with the words "to the Income-tax Officer", the following shall be substituted, namely: — "the real owner of su

Amendment of section 281A.

32. In section 281A of the Income-tax Act,—

(a) in sub-section (1) for the portion beginning with the words "the real owner of such property unless,—" and ending with the words "to the Income-tax Officer", the following shall be substituted, namely: —

"the real owner of such property, unless notice in the prescribed form and containing the prescribed particulars in respect of the property has been given by the claimant within a period of one year from the date of acquisition of the property to the Commissioner";

(b) after sub-section (1), the following sub-sections shall be inserted, namely: —

"(1A) Where any such property is acquired by the claimant before the 1st day of March, 1984, the provisions of sub-section (1) shall be deemed to have been fulfilled if notice in the prescribed form and containing the prescribed particulars in respect of the property is given by the claimant within a period of one year from the said date, to the Commissioner.

(1B) Not with standing anything contained in sub-section (1) or sub-section (1A), in relation to any suit relating to any immovable property of a value not exceeding fifty thousand rupees, the provisions of sub-section (1) or, as the case may be, sub-section (1A), shall be deemed to have been fulfilled if, at any time before the suit, notice in the prescribed form and containing the prescribed particulars in respect of the property has been given by the claimant to the Commissioner.";

(c) for sub-section (2), the following sub-section shall be substituted, namely: —

"(2) The Commissioner shall, on an application made in the prescribed manner, by the claimant or any person acting on his behalf or claiming under him, and on payment of. the prescribed fees, issue, for the purposes of a suit referred to in sub-section (1), a certified copy of any notice given by the claimant under sub-section (1) or sub-section (1A) or sub-section (1B),within fourteen days from the date, of receipt of the application.",

[Finance Act, 1984]

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Section 32, The Finance Act, 1984.