https://www.taxtmi.com/caselaws?id=423793 For income-tax purposes, transfer of immovable property under section 50C is complete only on completion of registration, not on mere presentation of the deed for registration; sections 47 and 75 of the Registration Act do not advance the transfer date. The assessee's plea that defective title prevented any transfer was rejected because the registered purchase deed had not been set aside and the assessee had executed registered sale deeds transferring whatever rights he possessed. On the alleged title dispute and lower sale consideration, the material was insufficient for a final finding, so limited fresh enquiry was required on whether the dispute justified the stated value. en-us Mon, 23 May 2022 00:00:00 +0530 Wed, 15 Jun 2022 09:18:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423793 For income-tax purposes, transfer of immovable property under section 50C is complete only on completion of registration, not on mere presentation of the deed for registration; sections 47 and 75 of the Registration Act do not advance the transfer date. The assessee's plea that defective title prevented any transfer was rejected because the registered purchase deed had not been set aside and the assessee had executed registered sale deeds transferring whatever rights he possessed. On the alleged title dispute and lower sale consideration, the material was insufficient for a final finding, so limited fresh enquiry was required on whether the dispute justified the stated value. Case-Laws Income Tax Mon, 23 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423793