2015 (4) TMI 334

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eal against the order of the Income Tax Appellate Tribunal dated 23rd November, 2012 in Income Tax Appeal No. 3493/Mum/2011. The Assessment year is 2005-06. 2. Mr. Pinto appearing for the Revenue submits that this Appeal raises substantial questions of law and which are proposed by the Revenue at page 8 of the paper book. He would submit that the flat which was agreed to be sold was not sold and ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....postponed to the date of final payment. That was because the agreed price of Rs. 94,40,000/- was not paid in one go or at the time of the allotment letter. A substantial payment was made between 1994-95. Once the last payment alone and which was in the sum of Rs. 9 lacs and odd was made that the document was executed, registered and possession was handed over. Therefore, in the given facts, the Tr....