https://www.taxtmi.com/caselaws?id=186241 The Tribunal upheld the ld. CIT (A)'s decision favoring the assessee in an appeal regarding the deletion of an addition under section 50C of the Act for the assessment year 2006-07. The Tribunal determined that as the property transfer was through an unregistered agreement to sale, section 50C did not apply, and the amendment to section 50C was not retrospective. Consequently, the department's appeal was dismissed, affirming the ld. CIT (A)'s decision in favor of the assessee. en-us Fri, 05 Aug 2011 00:00:00 +0530 Mon, 12 Sep 2016 12:01:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186241 The Tribunal upheld the ld. CIT (A)'s decision favoring the assessee in an appeal regarding the deletion of an addition under section 50C of the Act for the assessment year 2006-07. The Tribunal determined that as the property transfer was through an unregistered agreement to sale, section 50C did not apply, and the amendment to section 50C was not retrospective. Consequently, the department's appeal was dismissed, affirming the ld. CIT (A)'s decision in favor of the assessee. Case-Laws Income Tax Fri, 05 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186241