Unregistered Joint Development Agreement Cannot Effect Transfer Under Section 53A Making Reassessment Invalid
Unregistered Joint Development Agreement Cannot Effect Transfer Under Section 53A Making Reassessment Invalid Issue Whether reopening an assessment under Section 148 for A.Y. 2013-14 on account of capital gains is valid when the underlying Joint Development Agreement (JDA) executed in F.Y. 2012-13 was unregistered and thus legally ineffective under Section 53A of the Transfer of… Read More »