https://www.taxtmi.com/caselaws?id=369615 The tribunal partly allowed the assessee's appeal by directing the deletion of the addition of Rs. 5,00,000 for payment to vacate unauthorized possession and allowing the claim for interest expenses of Rs. 8,02,854. The tribunal found that the payment to vacate unauthorized occupants should be considered as a cost of improvement, overturning the CIT(A)'s decision. The order was pronounced on 02-07-2018. en-us Mon, 02 Jul 2018 00:00:00 +0530 Wed, 31 Oct 2018 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369615 The tribunal partly allowed the assessee's appeal by directing the deletion of the addition of Rs. 5,00,000 for payment to vacate unauthorized possession and allowing the claim for interest expenses of Rs. 8,02,854. The tribunal found that the payment to vacate unauthorized occupants should be considered as a cost of improvement, overturning the CIT(A)'s decision. The order was pronounced on 02-07-2018. Case-Laws Income Tax Mon, 02 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369615