https://www.taxtmi.com/caselaws?id=70753 An unregistered agreement promising a future transfer of half share in immovable property did not pass any present right or title and, on its construction as a sale in consideration of dower debt, required a registered instrument to be effective. The document therefore failed to transfer ownership to the assessee's wife, so the entire property continued to belong to the assessee for assessment purposes. The plea based on earlier wealth-tax orders was also rejected because res judicata does not strictly apply in tax proceedings. en-us Fri, 01 Dec 1989 00:00:00 +0530 Tue, 19 Apr 2011 10:43:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70753 An unregistered agreement promising a future transfer of half share in immovable property did not pass any present right or title and, on its construction as a sale in consideration of dower debt, required a registered instrument to be effective. The document therefore failed to transfer ownership to the assessee's wife, so the entire property continued to belong to the assessee for assessment purposes. The plea based on earlier wealth-tax orders was also rejected because res judicata does not strictly apply in tax proceedings. Case-Laws Wealth-tax Fri, 01 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70753