https://www.taxtmi.com/caselaws?id=800218 Capital-gains chargeability and computation under the Income-tax Act follow the transfer of the asset. A registered sale deed dated 29 April 2017 established that the inherited immovable property was transferred in the period relevant to Assessment Year 2018-19. Receipt of part of the sale consideration during the preceding assessment year did not establish an earlier transfer, absent material showing that transfer occurred before the registered sale date. The resulting long-term capital gains were therefore not taxable in Assessment Year 2017-18. en-us Fri, 18 Sep 2026 00:00:00 +0530 Sat, 03 Oct 2026 09:32:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800218 Capital-gains chargeability and computation under the Income-tax Act follow the transfer of the asset. A registered sale deed dated 29 April 2017 established that the inherited immovable property was transferred in the period relevant to Assessment Year 2018-19. Receipt of part of the sale consideration during the preceding assessment year did not establish an earlier transfer, absent material showing that transfer occurred before the registered sale date. The resulting long-term capital gains were therefore not taxable in Assessment Year 2017-18. Case-Laws Income Tax Fri, 18 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800218