Execution of Registered Sale Deed is a Valid ‘Transfer’: Telangana HC upholds Income Tax Addition [Read Order]

By Taxscan Team - On October 24, 2022 10:53 am - 2 mins read

A division bench of the Telangana High Court has held that the execution of a registered sale deed shall be treated as a valid “transfer” within the meaning of Section 2(47)(V) of the Income Tax Act, 1961. The appellant, Syed Sikandar Ali, is an individual. The income tax department initiated the re-assessment making an Income…

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Syed Sikandar Ali Vs PRINCIPAL COMMISSIONER OF INCOME TAX

CITATION: 2022 TAXSCAN (HC) 810

Topics

Capital Gain CIT(A)Income Tax Act IT Act Telangana HC Telangana High Court

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