{"id":61375,"date":"2026-06-27T11:59:12","date_gmt":"2026-06-27T06:29:12","guid":{"rendered":"https:\/\/itatonline.org\/digest\/maimoon-fashion-accessories-p-ltd-v-ito-2025-215-itd-241-mum-trib\/"},"modified":"2026-06-27T11:59:12","modified_gmt":"2026-06-27T06:29:12","slug":"maimoon-fashion-accessories-p-ltd-v-ito-2025-215-itd-241-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/maimoon-fashion-accessories-p-ltd-v-ito-2025-215-itd-241-mum-trib\/","title":{"rendered":"Maimoon Fashion Accessories (P.) Ltd. v. ITO (2025) 215 ITD 241 (Mum) (Trib.)"},"content":{"rendered":"<p>Assessee sold land and handed over possession after receiving full consideration in the financial year 2009-10 under an oral agreement and offered for taxation.\u00a0 Registered conveyance deed was executed later on 11-3-2016, transfer was deemed to have occurred in the financial year 2009-10 under section 2(47), capital gains could not be taxed in the subsequent year when the deed was registered. The order of the Assessing Officer was set aside. (AY. 2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 45: Capital gains-Transfer-Year of taxability-Handed over possession-Oral agreement-Full consideration-Registered conveyance deed was executed later-Capital gains could not be taxed in the subsequent year when the deed was registered.[S. 2(47), 50C.] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-61375","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fXV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=61375"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61375\/revisions"}],"predecessor-version":[{"id":61376,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61375\/revisions\/61376"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=61375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=61375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=61375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}