Tag Archives: IN THE ITAT JABALPUR BENCH

Capital gains depend on actual possession, while arbitrary valuation averaging is completely legally invalid.

By | July 9, 2026

Capital gains depend on actual possession, while arbitrary valuation averaging is completely legally invalid. Issue Whether capital gains tax is triggered by an unregistered agreement without parting with possession or only upon the final registered transfer of physical possession. Whether arbitrary mathematical averaging of conflicting valuations by appellate authorities and ignoring taxpayer objections by the… Read More »