https://www.taxtmi.com/caselaws?id=10884 The High Court analyzed the interpretation of section 2(47) of the Income-tax Act, 1961, in a case where the possession of property was disputed. The Court found that there was no evidence of possession being handed over to the purchaser, leading to a remand of the case back to the Tribunal for fresh adjudication on this crucial aspect. The High Court set aside the Tribunal's order and allowed the appeal, emphasizing the need to consider all relevant factors in determining the occurrence of a transfer for capital gains assessment. en-us Wed, 07 May 2003 00:00:00 +0530 Mon, 27 Jul 2009 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10884 The High Court analyzed the interpretation of section 2(47) of the Income-tax Act, 1961, in a case where the possession of property was disputed. The Court found that there was no evidence of possession being handed over to the purchaser, leading to a remand of the case back to the Tribunal for fresh adjudication on this crucial aspect. The High Court set aside the Tribunal's order and allowed the appeal, emphasizing the need to consider all relevant factors in determining the occurrence of a transfer for capital gains assessment. Case-Laws Income Tax Wed, 07 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10884