https://www.taxtmi.com/caselaws?id=361538 The Revenue appealed against the CIT(A)'s decision on additions to long term capital gains for the assessment year 2010-11. The CIT(A) allowed the expenses for vacating the property but disallowed a portion of the repairs and renovation costs claimed by the assessee. The Tribunal upheld the CIT(A)'s decision on vacating the property expenses due to substantial evidence but sided with the AO on the repairs and renovation costs, setting aside the CIT(A)'s decision. The Revenue's appeal was partly allowed, with the Tribunal modifying the decision on the repairs and renovation expenses. en-us Tue, 05 Jun 2018 00:00:00 +0530 Thu, 07 Jun 2018 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361538 The Revenue appealed against the CIT(A)'s decision on additions to long term capital gains for the assessment year 2010-11. The CIT(A) allowed the expenses for vacating the property but disallowed a portion of the repairs and renovation costs claimed by the assessee. The Tribunal upheld the CIT(A)'s decision on vacating the property expenses due to substantial evidence but sided with the AO on the repairs and renovation costs, setting aside the CIT(A)'s decision. The Revenue's appeal was partly allowed, with the Tribunal modifying the decision on the repairs and renovation expenses. Case-Laws Income Tax Tue, 05 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361538