https://www.taxtmi.com/caselaws?id=779396 Capital gains arising from execution of a Joint Development Agreement required factual verification because the assessee contended that the agreement had not matured, construction was incomplete, and no developed property had been handed over, so transfer and income accrual were not complete on execution alone. The ITAT therefore did not decide the merits and restored the matter to the Assessing Officer for fresh assessment after proper opportunity. The appeal delay of 20 days was condoned, and the impugned order was set aside with the issue remanded for verification. en-us Tue, 21 Jan 2025 00:00:00 +0530 Mon, 06 Oct 2025 09:10:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779396 Capital gains arising from execution of a Joint Development Agreement required factual verification because the assessee contended that the agreement had not matured, construction was incomplete, and no developed property had been handed over, so transfer and income accrual were not complete on execution alone. The ITAT therefore did not decide the merits and restored the matter to the Assessing Officer for fresh assessment after proper opportunity. The appeal delay of 20 days was condoned, and the impugned order was set aside with the issue remanded for verification. Case-Laws Income Tax Tue, 21 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779396