Capital Gain Calculation: Deduction Allowed for Expenditure Paid to IL&FS Related to Share Sale Liability.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Computation of capital gain - the proportionate expenditure which has been paid by the assessee to the IL&FS was assessee’s liability and directly relates to sale of shares i.e., transfer of capital asset - deduction of expenditure allowed - AT....