https://www.taxtmi.com/caselaws?id=272263 The Tribunal partially allowed the appeal, directing the Assessing Officer to recompute the capital gains. It held that the legal expenses, aimed at enhancing the value of shares and improving capital gains, should be added to the cost of shares for improvement. The Tribunal emphasized the genuine nature of the expenses and their relation to the appellant, allowing them as expenses to earn capital gain from the transfer of shares. en-us Wed, 20 Jan 2016 00:00:00 +0530 Sat, 30 Apr 2016 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272263 The Tribunal partially allowed the appeal, directing the Assessing Officer to recompute the capital gains. It held that the legal expenses, aimed at enhancing the value of shares and improving capital gains, should be added to the cost of shares for improvement. The Tribunal emphasized the genuine nature of the expenses and their relation to the appellant, allowing them as expenses to earn capital gain from the transfer of shares. Case-Laws Income Tax Wed, 20 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272263