Section 6 - Amendment of section 269F - Income Tax (Amendment) Act, 1981

6. Amendment of section 269F. In section 269F of the principal Act, in sub-section (9), (a) for the words date of the execution of the instrument of transfer , the words, figures and letters date of the execution of the instrument of transfer or where such property is of the nature referred to in sub-clause (ii) of clause (e) of section 269A on the date of the transfer shall be substituted; (b) for the words on sale in the open market on the date of the conclusion of the agreement to sell the property , the words on such transfer in the open market on the date of the conclusion of the agreement to transfer the property shall be substituted.