Reopening of Assessment Invalid as Land Deal Belonged to Year of Presentation for Registration

ITO Vs Ratan Kumar Ingu (ITAT Hyderabad) Sec. 47 of Registration Act Saves Assessee; Document is considered as executed on the date when it is signed & presented for registration- Tribunal Holds Reopening Invalid Scanning Date Not Relevant: ITAT Hyderabad Quashes Reopening for AY 2017-18 The dispute arose from certain agreements of sale-cum-GPA executed on 21.03.2016 involving agricultural lands situated at Manchirevula Village. The documents were duly registered before the Joint Sub-Registrar on 24.03.2016 . AO issued notice u/s 148 on 30.03.2021 & completed assessment u/s 147 r.w.s. ...