https://www.taxtmi.com/caselaws?id=177677 For gift-tax purposes, a transfer of immovable property was treated as complete only on registration of the instrument required by law, not on execution or delivery alone, so the assessment year followed the year of registration. Guideline value was held to be only evidentiary and not conclusive of market value; the valuation was aligned with the assessee's approved valuer's report. Statutory relief under section 18A was treated as available as a matter of entitlement, and the absence of a specific claim before the assessing authority did not defeat it. en-us Thu, 30 Sep 1999 00:00:00 +0530 Wed, 27 Apr 2016 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177677 For gift-tax purposes, a transfer of immovable property was treated as complete only on registration of the instrument required by law, not on execution or delivery alone, so the assessment year followed the year of registration. Guideline value was held to be only evidentiary and not conclusive of market value; the valuation was aligned with the assessee's approved valuer's report. Statutory relief under section 18A was treated as available as a matter of entitlement, and the absence of a specific claim before the assessing authority did not defeat it. Case-Laws Income Tax Thu, 30 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177677