https://www.taxtmi.com/caselaws?id=71589 For determining the period of holding of immovable property, the effective date of transfer is the date of execution of the registered sale deed, because section 47 of the Registration Act makes a registered document operate from the date of execution. Where registration is delayed for reasons not attributable to the assessee, the later registration does not postpone the legal effect of transfer. Applying that principle, the Tribunal treated the assessee's acquisition as relating back to the earlier execution date and accepted the transfer as having commenced then, supporting long-term capital gain treatment. en-us Tue, 11 Jul 2000 00:00:00 +0530 Mon, 13 Jun 2011 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71589 For determining the period of holding of immovable property, the effective date of transfer is the date of execution of the registered sale deed, because section 47 of the Registration Act makes a registered document operate from the date of execution. Where registration is delayed for reasons not attributable to the assessee, the later registration does not postpone the legal effect of transfer. Applying that principle, the Tribunal treated the assessee's acquisition as relating back to the earlier execution date and accepted the transfer as having commenced then, supporting long-term capital gain treatment. Case-Laws Income Tax Tue, 11 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71589