https://www.taxtmi.com/caselaws?id=241280 The tribunal dismissed deductions claimed for legal fees, civil work, and transfer charges under Section 54, citing lack of evidence and failure to establish the expenses as part of the purchase cost of the new asset. However, the tribunal granted partial relief by allowing a reduced deduction for improvement expenses on the sold property, considering the nature of the expenditure and the time elapsed. en-us Fri, 23 Aug 2013 00:00:00 +0530 Fri, 20 Dec 2013 06:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241280 The tribunal dismissed deductions claimed for legal fees, civil work, and transfer charges under Section 54, citing lack of evidence and failure to establish the expenses as part of the purchase cost of the new asset. However, the tribunal granted partial relief by allowing a reduced deduction for improvement expenses on the sold property, considering the nature of the expenditure and the time elapsed. Case-Laws Income Tax Fri, 23 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241280