Sec. 43CA applicable even if agreement for sale was entered prior to date when said section came into force: ITAT

INCOME TAX : Where assessee entered into an agreement for sale of flats with customer prior to 1-4-2013, however, sale deeds were executed after 1-4-2013 provisions of section 43CA will be applicable and, merely because an agreement had taken place prior to 1-4-2013 it would not take away transaction from ambit of provisions of section 43CA which were applicable for assessment year 2014-15 under consideration

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