https://www.taxtmi.com/caselaws?id=7382 Legal expenses incurred after purchase of shares to secure registration in the purchaser's name and to remove restrictive voting arrangements were treated as capital expenditure. Because the litigation was directed to perfecting title and enhancing the value of the shareholding, the expenses were held to be incurred for acquiring, curing, completing, or improving a capital asset. They therefore formed part of the actual cost of the shares for capital gains computation under section 12B(2)(ii). en-us Fri, 31 May 1968 00:00:00 +0530 Thu, 19 Feb 2009 09:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7382 Legal expenses incurred after purchase of shares to secure registration in the purchaser's name and to remove restrictive voting arrangements were treated as capital expenditure. Because the litigation was directed to perfecting title and enhancing the value of the shareholding, the expenses were held to be incurred for acquiring, curing, completing, or improving a capital asset. They therefore formed part of the actual cost of the shares for capital gains computation under section 12B(2)(ii). Case-Laws Income Tax Fri, 31 May 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7382