https://www.taxtmi.com/caselaws?id=470751 An attorney holder who executes a sale deed solely under a power of attorney does not incur taxable income from the property sale where the actual owner received the full consideration and transferred possession under the agreement to sell. Subsequent execution and registration of the deed by the attorney holder does not, by itself, establish that the attorney holder received consideration or derived income. On the stated facts, no taxable income arose to the attorney holder in either the year of the agreement or the year of registration. en-us Wed, 26 Mar 2025 00:00:00 +0530 Thu, 06 Aug 2026 19:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470751 An attorney holder who executes a sale deed solely under a power of attorney does not incur taxable income from the property sale where the actual owner received the full consideration and transferred possession under the agreement to sell. Subsequent execution and registration of the deed by the attorney holder does not, by itself, establish that the attorney holder received consideration or derived income. On the stated facts, no taxable income arose to the attorney holder in either the year of the agreement or the year of registration. Case-Laws Income Tax Wed, 26 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470751