Capital Gain Tax Assessed for Land Sale in 2003-04; No Transfer Occurred in 1994 or 1995. https://www.taxtmi.com/highlights?id=71184 Capital gain on sale of land - year of assessment - The present case is neither a case of sale nor exchange nor relinquishment or extinguishment of any right in the year 1994 or 1995. Infact, the registered sale deed document was executed by the assessee in favour of the purchaser on 29.08.2003 and therefore, the transfer had taken place in the A.Y. 2003-04. - AT en-us Sat, 29 Jul 2023 13:13:40 +0530 Sat, 29 Jul 2023 13:13:40 +0530 TaxTMI RSS Generator Capital Gain Tax Assessed for Land Sale in 2003-04; No Transfer Occurred in 1994 or 1995. https://www.taxtmi.com/highlights?id=71184 Capital gain on sale of land - year of assessment - The present case is neither a case of sale nor exchange nor relinquishment or extinguishment of any right in the year 1994 or 1995. Infact, the registered sale deed document was executed by the assessee in favour of the purchaser on 29.08.2003 and therefore, the transfer had taken place in the A.Y. 2003-04. - AT Highlights Income Tax Sat, 29 Jul 2023 13:13:40 +0530 https://www.taxtmi.com/highlights?id=71184