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2021 (11) TMI 739 - AT - Income TaxCapital gain computation - year of assessment - Year of transfer of asset u/s 2(47) - HELD THAT:- The joint development agreement was executed on 6.11.2013 and from the assessment order the AO has himself accepted that the transfer took place as per sec.2(47) rws 53A of the Transfer of Property Act which was taken place for the previous year ending only on 31.3.2014 relevant to AY 2014-15, therefore, the capital gain should be arising in the AY 2014-15 - Decided against revenue.
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