27/09/2021

Case- Commissioner of Income Tax Vs. D.S Corporation, AIR 1968, SC.

Held-
👉 On dissolution of a firm, transaction of giving property of his share to the partner is not a sale.

Case- Jaidev Yadav Vs. Raghunath Yadav, AIR 2009.
Held-
👉 Where the subscriber and identifier of sale deed clearly proved payment of entire consideration money by plaintiff to dependent and possession was given by dependent to plaintiff, sale became complete, now sale deed cannot be canceled.



                              Ayush

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