https://www.taxtmi.com/caselaws?id=800411 Execution of a joint development agreement was examined to determine whether it constituted a taxable transfer capable of triggering capital gains in the relevant assessment year. The central issues were the legal effect of the agreement, the character of possession delivered to the developer, and the application of statutory provisions on deemed transfer and part performance. Execution of the agreement did not result in taxable capital gains on the basis adopted in the assessment for that year. en-us Fri, 18 Sep 2026 00:00:00 +0530 Tue, 06 Oct 2026 08:13:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800411 Execution of a joint development agreement was examined to determine whether it constituted a taxable transfer capable of triggering capital gains in the relevant assessment year. The central issues were the legal effect of the agreement, the character of possession delivered to the developer, and the application of statutory provisions on deemed transfer and part performance. Execution of the agreement did not result in taxable capital gains on the basis adopted in the assessment for that year. Case-Laws Income Tax Fri, 18 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800411