https://www.taxtmi.com/caselaws?id=293918 The Tribunal upheld the Commissioner of Income-tax(Appeals)'s decision in a case involving various issues such as payment over the document price, compensation for vacating unauthorized occupants, computation of short-term capital gains, and treatment of retention money. The Tribunal found the additional payments made by the assessee to be genuine and necessary for acquisition, agreed that compensation paid was part of acquisition cost, excluded a certain amount from total consideration for capital gains calculation, and deemed retention money as an actual liability. The Revenue's appeal was dismissed. en-us Mon, 18 Mar 2013 00:00:00 +0530 Tue, 09 Mar 2021 09:59:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293918 The Tribunal upheld the Commissioner of Income-tax(Appeals)'s decision in a case involving various issues such as payment over the document price, compensation for vacating unauthorized occupants, computation of short-term capital gains, and treatment of retention money. The Tribunal found the additional payments made by the assessee to be genuine and necessary for acquisition, agreed that compensation paid was part of acquisition cost, excluded a certain amount from total consideration for capital gains calculation, and deemed retention money as an actual liability. The Revenue's appeal was dismissed. Case-Laws Income Tax Mon, 18 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293918