https://www.taxtmi.com/caselaws?id=404568 Writ interference was declined where the dispute over reassessment depended on contested facts about whether property sales had been concluded earlier. Unregistered agreements and bank transactions were found insufficient to prove a completed prior sale, and the alleged timing of the transaction could not be resolved in writ jurisdiction. The Court also noted that an agreement for sale of immovable property required registration under Section 17(1)(g) of the Registration Act, 1908. As an efficacious statutory appeal was available under the Income-tax Act, 1961, the assessee was relegated to the appellate remedy and the assessment orders were left undisturbed. en-us Fri, 19 Feb 2021 00:00:00 +0530 Thu, 25 Feb 2021 09:13:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404568 Writ interference was declined where the dispute over reassessment depended on contested facts about whether property sales had been concluded earlier. Unregistered agreements and bank transactions were found insufficient to prove a completed prior sale, and the alleged timing of the transaction could not be resolved in writ jurisdiction. The Court also noted that an agreement for sale of immovable property required registration under Section 17(1)(g) of the Registration Act, 1908. As an efficacious statutory appeal was available under the Income-tax Act, 1961, the assessee was relegated to the appellate remedy and the assessment orders were left undisturbed. Case-Laws Income Tax Fri, 19 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404568