S. 45: Capital gains- Advance received -Sale not materialised for gains – Matter remanded to the Assessing Officer for look in to genuineness of the Transaction . [ S.2(47) (v), Transfer of property Act , 1882 , S.53 ]
Shri Tobby Simon v DCIT ( 2021) The Chamber’s Journal – March -P. 186 ( Mum) (Trib)