https://www.taxtmi.com/caselaws?id=297386 The tribunal allowed the appeal for statistical purposes, remanding the case to the AO for further verification and consideration in accordance with the law. The tribunal found merit in the appellant's argument regarding the restriction on improvements, directing the AO to allow the entire claim. Additionally, the tribunal admitted evidence of pre-sale deed payments, considering them indicative of an oral agreement between the parties. The tribunal determined that provisions of section 50C should be applied based on the date of the oral agreement, providing relief to the appellant. en-us Fri, 29 Sep 2017 00:00:00 +0530 Wed, 01 Sep 2021 21:53:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297386 The tribunal allowed the appeal for statistical purposes, remanding the case to the AO for further verification and consideration in accordance with the law. The tribunal found merit in the appellant's argument regarding the restriction on improvements, directing the AO to allow the entire claim. Additionally, the tribunal admitted evidence of pre-sale deed payments, considering them indicative of an oral agreement between the parties. The tribunal determined that provisions of section 50C should be applied based on the date of the oral agreement, providing relief to the appellant. Case-Laws Income Tax Fri, 29 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297386