https://www.taxtmi.com/caselaws?id=446157 The ITAT Jaipur allowed the assessee's claim for brokerage payment deduction in capital gains computation. The AO had disallowed the brokerage payment arguing that brokers' signatures were absent from the registered sale document. The Tribunal held that broker signatures are not mandatory requirements for such agreements and are not typically included in registry documents. The assessee provided adequate documentation including Aadhar cards, payment vouchers, and signed receipts from five brokers. The Tribunal noted that while the land agreement was executed in 2013, the registered sale deed was completed in 2023, with brokerage paid upon completion as per mutual agreement between parties. en-us Thu, 23 Nov 2023 00:00:00 +0530 Mon, 27 Nov 2023 07:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446157 The ITAT Jaipur allowed the assessee's claim for brokerage payment deduction in capital gains computation. The AO had disallowed the brokerage payment arguing that brokers' signatures were absent from the registered sale document. The Tribunal held that broker signatures are not mandatory requirements for such agreements and are not typically included in registry documents. The assessee provided adequate documentation including Aadhar cards, payment vouchers, and signed receipts from five brokers. The Tribunal noted that while the land agreement was executed in 2013, the registered sale deed was completed in 2023, with brokerage paid upon completion as per mutual agreement between parties. Case-Laws Income Tax Thu, 23 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446157