AO cannot tax Capital gain of earlier year in subsequent Year

Minoo M. Siganporia Vs ITO (ITAT Hyderabad)

From the facts of the case it is apparent from the bank statement of the assessee that he had received Rs. 5 lakhs from Smt. Arutla Malathi on 27/12/2003. Further, it is also apparent that an unregistered notarized sale deed was executed by the assessee on 23/01/2004 stating that he has received the amount of Rs. 5 lakhs from the vendee towards the sale of his immovable property and the possession of the property was also handed over to the vendee. Just because there were few mista

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