https://www.taxtmi.com/caselaws?id=242021 Transfer of immovable property for capital gains purposes was held to occur on execution and registration of the individual sale deeds, not on mere receipt of full consideration or asserted handing over of possession, because part performance under section 53A of the Transfer of Property Act was not established. Capital gains were therefore linked to the respective registration dates. Applying the six-month investment period under section 54EC sale deed-wise, exemption was confined to the capital gains arising from the four sale deeds dated 23.03.2004. The other sale deeds fell outside the statutory time limit, and the assessment had to be reworked accordingly. en-us Tue, 26 Nov 2013 00:00:00 +0530 Mon, 06 Jan 2014 06:21:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242021 Transfer of immovable property for capital gains purposes was held to occur on execution and registration of the individual sale deeds, not on mere receipt of full consideration or asserted handing over of possession, because part performance under section 53A of the Transfer of Property Act was not established. Capital gains were therefore linked to the respective registration dates. Applying the six-month investment period under section 54EC sale deed-wise, exemption was confined to the capital gains arising from the four sale deeds dated 23.03.2004. The other sale deeds fell outside the statutory time limit, and the assessment had to be reworked accordingly. Case-Laws Income Tax Tue, 26 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242021