https://www.taxtmi.com/caselaws?id=472207 For capital-gains exemption on investment in agricultural land, the transfer date is reckoned from an agreement to sell where substantial rights have been transferred and part consideration paid, rather than solely from execution of the sale deed. Investment made from advance sale consideration may therefore qualify for Section 54B relief when assessed by reference to that earlier transfer date. Revision under Section 263 cannot rest on the contrary premise that the one-year investment period necessarily runs from the sale-deed date. en-us Mon, 21 Apr 2025 00:00:00 +0530 Sun, 04 Oct 2026 18:35:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472207 For capital-gains exemption on investment in agricultural land, the transfer date is reckoned from an agreement to sell where substantial rights have been transferred and part consideration paid, rather than solely from execution of the sale deed. Investment made from advance sale consideration may therefore qualify for Section 54B relief when assessed by reference to that earlier transfer date. Revision under Section 263 cannot rest on the contrary premise that the one-year investment period necessarily runs from the sale-deed date. Case-Laws Income Tax Mon, 21 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472207