2026 (3) TMI 1112

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....e instance of the assessee is directed against order of Ld. ADDL/JCIT (Appeals)-1, Chennai ["CIT(A)"], dated 25/08/2025 passed u/s. 250 of the Income Tax Act, 1961 (for short, 'the Act') which is arising out of assessment order dated 15.12.2016 passed u/s. 143(3) of the Act for the Assessment Year 2014-15 (A.Y.). 2. Registry has informed that there is a delay of 34 days in filing the in....

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....delay of 34 days in filing of the instant appeal before this Tribunal and admit the appeal for adjudication. 3. The sole grievance of the assessee is against the disallowance of registration charges at Rs. 5,47,250/- incurred by the assessee on the sale of immovable property. 4. At the outset, learned counsel for the assessee submitted that assessee has sold an immovable property to six purc....

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....I observe that assessee is an individual and declared income of Rs. 15,81,960/- in the return of income for A.Y.2014-15 filed on 28.07.2014. During the year under consideration, assessee sold plots for a consideration of Rs.1,30,44,126/- and apart from the other expenses towards cost of acquisition, the assessee also claimed brokerage expenses and registration charges. During the course of assessm....

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.... to which such certificate relates". The above provision of Bombay Stamp Act provides that in absence of an agreement, registration charges are to be borne by the buyers, but in the instant case and on due perusal of the sale deed, (English translation has been placed in the paper book at page nos. 85-90) and specifically at page No. 90, it is agreed between the parties that the seller will bear t....