https://www.taxtmi.com/caselaws?id=326442 Long-term capital gain on agricultural land could not be taxed again in the assessee's hands where the transfer had already occurred under an earlier agreement to sell through part performance and possession had been handed over after contractual and land-related obstacles were cleared. The later registered sale deed merely completed the transaction chain already initiated, while the balance consideration had been accounted for and taxed in the hands of the confirming parties and co-owners. On these facts, double taxation of the same sale consideration in the assessee's hands was unwarranted, and the addition was rightly deleted. en-us Fri, 04 Mar 2016 00:00:00 +0530 Fri, 15 Apr 2016 11:17:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326442 Long-term capital gain on agricultural land could not be taxed again in the assessee's hands where the transfer had already occurred under an earlier agreement to sell through part performance and possession had been handed over after contractual and land-related obstacles were cleared. The later registered sale deed merely completed the transaction chain already initiated, while the balance consideration had been accounted for and taxed in the hands of the confirming parties and co-owners. On these facts, double taxation of the same sale consideration in the assessee's hands was unwarranted, and the addition was rightly deleted. Case-Laws Income Tax Fri, 04 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326442