The Registration (West Bengal Amendment) Act, 1984
West Bengal Act 23 of 1984
Of Acquisition of Immovable Property in Certain Cases of Transfer80H. Immovable property in respect of which proceedings for acquisition may be taken. - (1) Where the State Government, on receipt of any report from the registering officer or otherwise, has reason to believe that any immovable property has been transferred by a person to another person for an apparent consideration which is less than the fair market value of the property and that the consideration for such transfer as agreed to between the parties has not been truly stated in the instrument of transfer, the State Government may acquire the property, after initiating proceedings in accordance with the provisions of the Land Acquisition Act, 1894. (2) Every registering officer shall report to the State Government in the Judicial Department any case of transfer as aforesaid as soon as it comes to his notice. Explanation. - Words and expressions used herein and not defined, but defined in Chapter XXA of the Income-tax Act, 1961, shall have the meanings respectively assigned to them in that Act.".