https://www.taxtmi.com/caselaws?id=26846 The court upheld the deduction of legal expenses as they were incurred in connection with the transfer of land, as per section 48(i) of the Income-tax Act, 1961. However, the deduction for the payment made to the tenant was denied, as it was not considered an expenditure in connection with the compulsory acquisition transfer. Ultimately, the court ruled in favor of the assessee for the legal expenses deduction but against the deduction for the payment made to the tenant. No costs were awarded in this case. en-us Tue, 18 Dec 1984 00:00:00 +0530 Mon, 08 Feb 2010 18:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26846 The court upheld the deduction of legal expenses as they were incurred in connection with the transfer of land, as per section 48(i) of the Income-tax Act, 1961. However, the deduction for the payment made to the tenant was denied, as it was not considered an expenditure in connection with the compulsory acquisition transfer. Ultimately, the court ruled in favor of the assessee for the legal expenses deduction but against the deduction for the payment made to the tenant. No costs were awarded in this case. Case-Laws Income Tax Tue, 18 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26846