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Sata karar deemed as sell

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(Querist)
10 April 2015 Whether the date of making sata karar be considered as date of sale or sale will be consider when original sale deed made afterwards??
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
10 April 2015 Sata Karar generally is not supported with the possession of the property as it is merely an agreement to set forth the conditions. So, sales will be considered only when the registered sales deed is executed.
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CA Sweta

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CA Sweta (Querist)
11 April 2015 If in sata karar it is clearly written that possession of property also given then??
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
11 April 2015 Then you have to refer Section 27 (iiia) as well as Section 2(47)(v).
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