https://www.taxtmi.com/caselaws?id=292124 Capital gains on the land sale were not finally upheld in the impugned year because the core question was whether transfer occurred on execution and registration of the sale deed or only on receipt of the balance consideration. As factual parity with earlier Tribunal decisions required verification, the matter was remanded to the Assessing Officer for fresh examination and adjudication in accordance with law. The related claims for exemption under sections 54B and 54F, along with indexed cost and cost of improvement, were consequential and were also restored without merits determination. en-us Mon, 09 Apr 2018 00:00:00 +0530 Fri, 23 Jul 2021 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292124 Capital gains on the land sale were not finally upheld in the impugned year because the core question was whether transfer occurred on execution and registration of the sale deed or only on receipt of the balance consideration. As factual parity with earlier Tribunal decisions required verification, the matter was remanded to the Assessing Officer for fresh examination and adjudication in accordance with law. The related claims for exemption under sections 54B and 54F, along with indexed cost and cost of improvement, were consequential and were also restored without merits determination. Case-Laws Income Tax Mon, 09 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292124