https://www.taxtmi.com/highlights?id=73256 Computation of capital gain - Disallowance of Brokerage Payment paid in respect of sale of land - It was decided by the parties that complete payment would be paid within 3 years and thus thereafter the registered sale deed got executed on 22-06-2023 which is registered before the Registering Authority and thus the brokerage was paid by the assessee on completion of the job. - Thus no justification in the orders of the lower authorities to make disallowance as it is a mutual agreement between the purchaser and broker to get the deal done. - AT en-us Mon, 27 Nov 2023 12:37:19 +0530 Mon, 27 Nov 2023 12:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73256 Computation of capital gain - Disallowance of Brokerage Payment paid in respect of sale of land - It was decided by the parties that complete payment would be paid within 3 years and thus thereafter the registered sale deed got executed on 22-06-2023 which is registered before the Registering Authority and thus the brokerage was paid by the assessee on completion of the job. - Thus no justification in the orders of the lower authorities to make disallowance as it is a mutual agreement between the purchaser and broker to get the deal done. - AT Highlights Income Tax Mon, 27 Nov 2023 12:37:19 +0530 https://www.taxtmi.com/highlights?id=73256