Section 14AD: Bar on transfer of immovable property

14AD. Bar on transfer of Immoveable Property. — (1) Where the person fails to obtain registration within fifteen days from issuance of order under sub-section (4) of section 14AC, the Chief Commissioner shall constitute a committee comprising the Chief Commissioner, Commissioner and one member from the Chamber of Commerce or a Trade Associations, as the case may be. (2) The committee shall issue a notice to such unregistered person which shall also be prominently displayed at the business premises of the person. (3) The committee after affording a personal hearing to the person shall either recommend for imposition of bar on transfer of immovable property or recommend to the Commissioner to remove the bar imposed under section 14AC. (4) For imposition of bar on transfer of immovable property, the Committee shall recommend the Commissioner for imposition of bar on transfer of immovable property: Provided that the Committee shall provide an opportunity to obtain registration within fifteen days prior to the recommendation. (5) The Commissioner shall have the powers to direct the property registering authority, through an order in writing, to bar transfer of immoveable property of any person who fails to obtain registration after lapse of fifteen days. (6) Upon registration of such person, the Commissioner shall issue and convey order for removal of bar on transfer of immovable property not later than two working days. (7) Any person, aggrieved by the decision or order passed may, within thirty days of the date of receipt of such decision or order prefer an appeal before the Chief Commissioner Inland Revenue who is not member of the committee. (8) The provisions of this section shall come into force on such date as may be notified by the Board.

Effective date: 1990-11-01

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