https://www.taxtmi.com/highlights?id=61886 Addition of consideration received on Transfer of land for Development - if the development agreement is not registered, it shall have no effect in law for the purposes of Section 53A which bodily stood incorporated in Section 2(47)(v) of the Income Tax Act, 1961. Thus, the Tribunal was right in allowing the assessee’s appeal and granting the relief sought for - HC en-us Wed, 09 Feb 2022 20:17:34 +0530 Wed, 09 Feb 2022 20:17:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61886 Addition of consideration received on Transfer of land for Development - if the development agreement is not registered, it shall have no effect in law for the purposes of Section 53A which bodily stood incorporated in Section 2(47)(v) of the Income Tax Act, 1961. Thus, the Tribunal was right in allowing the assessee’s appeal and granting the relief sought for - HC Highlights Income Tax Wed, 09 Feb 2022 20:17:34 +0530 https://www.taxtmi.com/highlights?id=61886