https://www.taxtmi.com/caselaws?id=278909 A clear and unambiguous sale deed must be construed from its own terms, and title passes on execution and registration under Section 54 of the Transfer of Property Act even if consideration is deferred. The deed may therefore operate as a valid transfer despite non-payment at the time of execution. The document also notes that a finding of joint family property cannot stand when it rests on surmise rather than evidence; where purchase money is shown to have come from the maternal uncle, the property is treated as self-acquired. en-us Fri, 07 Mar 1986 00:00:00 +0530 Mon, 25 Feb 2019 17:14:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278909 A clear and unambiguous sale deed must be construed from its own terms, and title passes on execution and registration under Section 54 of the Transfer of Property Act even if consideration is deferred. The deed may therefore operate as a valid transfer despite non-payment at the time of execution. The document also notes that a finding of joint family property cannot stand when it rests on surmise rather than evidence; where purchase money is shown to have come from the maternal uncle, the property is treated as self-acquired. Case-Laws Income Tax Fri, 07 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278909