Capital gain computation - year of taxation - transfer u/s 2(47) ...
Case Laws Income Tax
July 1, 2019
Capital gain computation - year of taxation - transfer u/s 2(47) - once assessee has received consideration, handed over possession of the property, executed registered Power of Attorney in favour of the holder empowering him to absolutely deal with the property and the arrangement is covered by an agreement for sale, it will be transfer - capital gain is taxable in this year itself
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