https://www.taxtmi.com/caselaws?id=28783 For purposes of Chapter XX-A, the relevant date for exercising acquisition powers under section 269C is the date of registration of the transfer instrument, not the date of execution, because a transfer of immovable property is treated as effected only on registration. The Bombay High Court followed the Delhi and Andhra Pradesh High Courts and rejected the taxpayer's contention, affirming the Revenue's position on the statutory trigger date. On the constitutional issue, the Court treated the matter as raising a substantial question of law and granted a certificate under Article 132, noting that the same point was already pending before the Supreme Court. en-us Mon, 05 Apr 1982 00:00:00 +0530 Thu, 25 Feb 2010 15:59:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28783 For purposes of Chapter XX-A, the relevant date for exercising acquisition powers under section 269C is the date of registration of the transfer instrument, not the date of execution, because a transfer of immovable property is treated as effected only on registration. The Bombay High Court followed the Delhi and Andhra Pradesh High Courts and rejected the taxpayer's contention, affirming the Revenue's position on the statutory trigger date. On the constitutional issue, the Court treated the matter as raising a substantial question of law and granted a certificate under Article 132, noting that the same point was already pending before the Supreme Court. Case-Laws Income Tax Mon, 05 Apr 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28783