https://www.taxtmi.com/caselaws?id=19476 Agreements for sale that created rights enabling vendees to enjoy immovable property, including buildings to be constructed, were treated as transfers under Chapter XX-A because the statutory definition covered rights in respect of such property and arrangements amounting to part performance under section 53A of the Transfer of Property Act, 1882. On the facts, possession and beneficial enjoyment had already passed before Chapter XX-C came into force, so the later and more stringent regime could not be applied retrospectively to those completed transfers. The acquisition orders made under Chapter XX-C were therefore unsustainable and were quashed. en-us Fri, 08 Apr 1994 00:00:00 +0530 Fri, 06 Nov 2009 13:59:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19476 Agreements for sale that created rights enabling vendees to enjoy immovable property, including buildings to be constructed, were treated as transfers under Chapter XX-A because the statutory definition covered rights in respect of such property and arrangements amounting to part performance under section 53A of the Transfer of Property Act, 1882. On the facts, possession and beneficial enjoyment had already passed before Chapter XX-C came into force, so the later and more stringent regime could not be applied retrospectively to those completed transfers. The acquisition orders made under Chapter XX-C were therefore unsustainable and were quashed. Case-Laws Income Tax Fri, 08 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19476