https://www.taxtmi.com/caselaws?id=207687 The Tribunal partially allowed the assessee's appeal by estimating reasonable expenditures for development and brokerage. The disallowance of stamp duty and registration fees was upheld, as purchasers were responsible per the sale agreements. Payment to previous owners for securing uninterrupted rights was allowed as a legitimate expense. The Tribunal reduced the claimed development expenditure and brokerage amount due to lack of concrete evidence, providing relief to the assessee in part. en-us Tue, 30 Nov 2010 00:00:00 +0530 Wed, 21 Dec 2011 09:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207687 The Tribunal partially allowed the assessee's appeal by estimating reasonable expenditures for development and brokerage. The disallowance of stamp duty and registration fees was upheld, as purchasers were responsible per the sale agreements. Payment to previous owners for securing uninterrupted rights was allowed as a legitimate expense. The Tribunal reduced the claimed development expenditure and brokerage amount due to lack of concrete evidence, providing relief to the assessee in part. Case-Laws Income Tax Tue, 30 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207687