https://www.taxtmi.com/caselaws?id=437656 The Tribunal allowed the appeal, directing the AO to permit the tenancy vacancy charges of Rs. 1,23,40,000 to the assessee. The Tribunal found the charges to be legitimate expenditures associated with the sale of the property, as per the agreements obligating the assessee to provide vacant possession to purchasers. It was noted that the AO failed to verify the agreements and disregarded the Tribunal's previous directions, leading to the reversal of the Ld. CIT(A)'s decision. en-us Wed, 05 Apr 2023 00:00:00 +0530 Fri, 12 May 2023 08:27:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437656 The Tribunal allowed the appeal, directing the AO to permit the tenancy vacancy charges of Rs. 1,23,40,000 to the assessee. The Tribunal found the charges to be legitimate expenditures associated with the sale of the property, as per the agreements obligating the assessee to provide vacant possession to purchasers. It was noted that the AO failed to verify the agreements and disregarded the Tribunal's previous directions, leading to the reversal of the Ld. CIT(A)'s decision. Case-Laws Income Tax Wed, 05 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437656