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2017 (7) TMI 1308 - AT - Income TaxExpenditures for securing the title of the land - AO disallowed the said expenditure holding that the land was already the assessee company property would not suffice in so far as having possession of the immovable property is one thing but having a clear title more so an unencumbered title in respect of the said immovable property is what increases the value of the property - HELD THAT:- The expenditure incurred by the assessee is clearly for extinguishing third party rights and clearing of getting proper and clear title of the immovable property. This being so, as the Revenue has not been able to dislodge any of the findings of the facts as arrived at by the Ld.CIT(A), we find no good reason to interfere with the order of the Ld.CIT(A). In these circumstances, the appeal filed by the Revenue stands dismissed.
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