https://www.taxtmi.com/caselaws?id=277274 A registered sale deed for land executed for consideration attracted section 50C because the record did not show that the land had ceased to be a capital asset or that possession had passed in a way that displaced the registered transfer. The dispute turned mainly on factual assertions about possession and the character of the rights transferred, and no demonstrable legal error by the Tribunal was shown. Section 50C therefore applied, no substantial question of law arose, and the assessee's challenge to the addition failed. en-us Tue, 01 May 2018 00:00:00 +0530 Mon, 27 Jul 2020 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277274 A registered sale deed for land executed for consideration attracted section 50C because the record did not show that the land had ceased to be a capital asset or that possession had passed in a way that displaced the registered transfer. The dispute turned mainly on factual assertions about possession and the character of the rights transferred, and no demonstrable legal error by the Tribunal was shown. Section 50C therefore applied, no substantial question of law arose, and the assessee's challenge to the addition failed. Case-Laws Income Tax Tue, 01 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277274