https://www.taxtmi.com/caselaws?id=776568 An immovable property transfer completed by receipt of full consideration and delivery of possession is treated as having occurred in the earlier year under section 2(47)(v) read with section 53A of the Transfer of Property Act, so later execution or registration is only a formal step and does not shift taxability. In that setting, section 43CA does not apply in a later assessment year if the transaction had already been completed and taxed earlier. The relevant stamp duty value must correspond to the legally effective date of transfer or agreement, not a later registration date chosen for valuation. en-us Wed, 06 Aug 2025 00:00:00 +0530 Wed, 13 Aug 2025 07:27:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776568 An immovable property transfer completed by receipt of full consideration and delivery of possession is treated as having occurred in the earlier year under section 2(47)(v) read with section 53A of the Transfer of Property Act, so later execution or registration is only a formal step and does not shift taxability. In that setting, section 43CA does not apply in a later assessment year if the transaction had already been completed and taxed earlier. The relevant stamp duty value must correspond to the legally effective date of transfer or agreement, not a later registration date chosen for valuation. Case-Laws Income Tax Wed, 06 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776568