https://www.taxtmi.com/caselaws?id=406621 For capital gains computation, Form 26AS alone is not conclusive of sale consideration where the actual registered sale deed and transfer documents require verification. The assessment based solely on Form 26AS was set aside and the matter was restored for examination on proper evidence. The deeming fiction in section 2(47)(v) applies only when a written contract exists and the requirements of section 53A of the Transfer of Property Act are satisfied, including transfer of possession. A transaction cannot be treated as a transfer for capital gains purposes unless the elements of part-performance are established on the facts. en-us Fri, 16 Apr 2021 00:00:00 +0530 Mon, 19 Apr 2021 20:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406621 For capital gains computation, Form 26AS alone is not conclusive of sale consideration where the actual registered sale deed and transfer documents require verification. The assessment based solely on Form 26AS was set aside and the matter was restored for examination on proper evidence. The deeming fiction in section 2(47)(v) applies only when a written contract exists and the requirements of section 53A of the Transfer of Property Act are satisfied, including transfer of possession. A transaction cannot be treated as a transfer for capital gains purposes unless the elements of part-performance are established on the facts. Case-Laws Income Tax Fri, 16 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406621