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2018 (3) TMI 1340 - ITAT AHMEDABADComputation of capital gains - STCG - claim of deduction of brokerage and legal expenses - improvement expenses - AO concluded that the said exps. were to be generally by the buyer and there was no proof of the exps., borne by the buyer. The appellant submits that the AO has failed to appreciate the understanding between the appellant and the buyer, apart from the explanation that the same were incurred normally in cash and the same be deducted from the sale consideration in case, they are paid initially by the purchaser. - Similarly, as regards the dalali expenses, there was no documentary proof. Held that:- Any claim made by the appellant, which was not substantiated with any concrete proof. Such expenses cannot be allowed u/s.48 of Income Tax Act. - Decided against the assessee.
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