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2012 (11) TMI 753 - ITAT DELHICalculation of long term capital gain - determination of date of sale – sale of factory land - enhancement in the value of consideration – Held that:- In the instant case, the agreement to sell was entered in to on 8.1.2007 while the sale deed was executed on 14.8.2007 and registered. There is not even a whisper in the assessment order regarding handing over of the possession while the ld. CIT(A),without even referring to various terms and conditions in the agreement to sell or sale deed, accepted the submissions of the assessee that possession was handed over on 8.1.2007 itself. – matter remanded to CIT to bring out clearly as to when the possession of aforesaid immovable property was actually allowed - Decided in favor of assessee for statistical purposes.
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