https://www.taxtmi.com/caselaws?id=769356 HC held that transfer of immovable property occurs upon execution of agreement for sale, not registration of sale deed. Tribunal erred in concluding no transfer occurred when agreement was executed on 13.12.2016, despite assessee paying full consideration and taking possession. SC precedent in Commissioner of Income Tax vs. Balbir Singh Maini supported this view under section 2(47)(vi). Tribunal's contradictory findings on circle rate application further demonstrated error. Appeal allowed, tribunal order set aside, questions answered favoring assessee. en-us Fri, 11 Apr 2025 00:00:00 +0530 Thu, 24 Apr 2025 09:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769356 HC held that transfer of immovable property occurs upon execution of agreement for sale, not registration of sale deed. Tribunal erred in concluding no transfer occurred when agreement was executed on 13.12.2016, despite assessee paying full consideration and taking possession. SC precedent in Commissioner of Income Tax vs. Balbir Singh Maini supported this view under section 2(47)(vi). Tribunal's contradictory findings on circle rate application further demonstrated error. Appeal allowed, tribunal order set aside, questions answered favoring assessee. Case-Laws Income Tax Fri, 11 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769356