https://www.taxtmi.com/caselaws?id=793485 Registered sale deeds transferring immovable property completed the transfer for capital gains purposes under section 45 read with section 2(47), so taxability arose in A.Y. 2014-15 on execution and registration of the conveyance. Alleged non-receipt of full consideration, dishonour of cheques, delayed payment, or continued possession did not defer tax incidence where the registered deeds were neither cancelled nor annulled. However, if the same capital gain had already been offered and assessed in A.Y. 2016-17, the Assessing Officer was required to verify that treatment and grant consequential relief to prevent double taxation. en-us Wed, 27 May 2026 00:00:00 +0530 Tue, 16 Jun 2026 17:25:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793485 Registered sale deeds transferring immovable property completed the transfer for capital gains purposes under section 45 read with section 2(47), so taxability arose in A.Y. 2014-15 on execution and registration of the conveyance. Alleged non-receipt of full consideration, dishonour of cheques, delayed payment, or continued possession did not defer tax incidence where the registered deeds were neither cancelled nor annulled. However, if the same capital gain had already been offered and assessed in A.Y. 2016-17, the Assessing Officer was required to verify that treatment and grant consequential relief to prevent double taxation. Case-Laws Income Tax Wed, 27 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793485