https://www.taxtmi.com/highlights?id=61852 Transfer of property and accrual of capital gain - Year of transfer of capital asset - Agreement to sell - It is not the case of the AO that the provisions of sec. 53A of the Transfer of Property Act would apply to the impugned transaction. In fact, it is the submission of the assessee that the possession was never given to Buyer - the question of assessing any capital gain in AY 2008-09 does not arise. - AT en-us Mon, 07 Feb 2022 08:13:55 +0530 Mon, 07 Feb 2022 08:13:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61852 Transfer of property and accrual of capital gain - Year of transfer of capital asset - Agreement to sell - It is not the case of the AO that the provisions of sec. 53A of the Transfer of Property Act would apply to the impugned transaction. In fact, it is the submission of the assessee that the possession was never given to Buyer - the question of assessing any capital gain in AY 2008-09 does not arise. - AT Highlights Income Tax Mon, 07 Feb 2022 08:13:55 +0530 https://www.taxtmi.com/highlights?id=61852