Subject to the provisions of sub- sections 1A and 1B , the appropriate authority, after the receipt of the statement under sub- section 3 of section 269UC in respect of any immovable property, may, notwithstanding any thing contained in any other law or any instrument
Inserted by the Finance Act, 1993, w. r. e. f. 17- 11- 1992.
1A Before making an order under sub- section 1 , the appropriate authority shall give a reasonable opportunity of being heard to the transferor, the person in occupation of the immovable property if the transferor is not in occupation of the property, the transferee and to every other person whom the appropriate authority knows to be interested in the property.
1B Every order made by the appropriate authority under sub- section 1 shall specify the grounds on which it is made.
The appropriate authority shall cause a copy of its order under subsection 1 in respect of any immovable property to be served on the transferor, the person in occupation of the immovable property if the 1. The words and for reasons to be recorded in writing, omitted by the Finance Act, 1993, w. r. e. f. 17- 11- 1992. 2. Inserted by the Finance Act, 1993, w. e. f. 1- 6- 1993. 3. Inserted by the Finance Act, 1995, w. e. f. 1- 7- 199. 5. 4. Substituted for further by the Finance Act, 1993, w. e. f. 1- 6- 1993. 5 Substituted for preceding proviso by the Finance Act, 1993, w. e. f. 1- 6- 1993. 6. Inserted, ibid. 7. Inserted by the Finance Act, 1993, w. r. e. f. 17- 11- 1992. transferor is not in occupation thereof, the transferee, and on every other person whom the appropriate authority knows to be interested in the property.