https://www.taxtmi.com/caselaws?id=770515 A compulsorily registrable conveyance is treated, for determining the year of transfer, as operating from the date of execution where execution, full consideration, stamp duty payment and possession all occurred in the earlier financial year. Applying section 47 of the Registration Act, 1908, the transfer was held to have been completed in financial year 2010-11, so section 50C could not be invoked in assessment year 2012-13. The reopening challenge was not separately decided because it became academic after relief on merits. en-us Fri, 09 May 2025 00:00:00 +0530 Mon, 12 May 2025 09:20:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770515 A compulsorily registrable conveyance is treated, for determining the year of transfer, as operating from the date of execution where execution, full consideration, stamp duty payment and possession all occurred in the earlier financial year. Applying section 47 of the Registration Act, 1908, the transfer was held to have been completed in financial year 2010-11, so section 50C could not be invoked in assessment year 2012-13. The reopening challenge was not separately decided because it became academic after relief on merits. Case-Laws Income Tax Fri, 09 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770515