https://www.taxtmi.com/caselaws?id=382334 Capital gains purposes under the Income-tax Act treat transfer as occurring when an agreement, delivery of possession, and a registered power of attorney together enable enjoyment and effective control of immovable property. The Madras HC's analysis stated that Section 2(47)(v) and Section 2(47)(vi), read with Explanation 2, widen the meaning of transfer beyond the later execution of a sale deed. Because consideration was received and possession was handed over earlier, the transfer was treated as completed in the earlier year, and the later registration was not the sole transfer event. en-us Thu, 06 Jun 2019 00:00:00 +0530 Sat, 29 Jun 2019 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382334 Capital gains purposes under the Income-tax Act treat transfer as occurring when an agreement, delivery of possession, and a registered power of attorney together enable enjoyment and effective control of immovable property. The Madras HC's analysis stated that Section 2(47)(v) and Section 2(47)(vi), read with Explanation 2, widen the meaning of transfer beyond the later execution of a sale deed. Because consideration was received and possession was handed over earlier, the transfer was treated as completed in the earlier year, and the later registration was not the sole transfer event. Case-Laws Income Tax Thu, 06 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382334