ITAT Rules Advisory Fee Directly Linked to Share Divestment Qualifies as Deductible Transfer Expenditure:
The ITAT Bangalore held that success fee of Rs 1.47 crore was wholly and exclusively incurred in connection with assessee’s sale of shares.
ITAT Allows Rs 1.47 Crore Success Fee Deduction Under Section 48(i)
Saima
Sep 14, 2026
Premium
ITAT Rules Advisory Fee Directly Linked to Share Divestment Qualifies as Deductible Transfer Expenditure
The ITAT Bangalore held that success fee of Rs 1.47 crore was wholly and exclusively incurred in connection with assessee’s sale of shares.
Also Read
ITAT Remands Rs 2.24 Crore Petrol Pump Income Case for Fresh Examination Over Unjustified 8% Profit EstimationITAT Allows Section 80P Deduction to Co-operative Credit Society Where No Addition Made on Reopened IssuesCBDT Notification: Half-Yearly SFT Reporting by Depositories to Facilitate Capital Gains Pre-Filling in ITRsMutual Fund Transactions to Feed ITR Pre-Filling: CBDT Prescribes Half-Yearly SFT Reporting
About Author
Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
418My Recent Articles
- High Court Holds Mere Suspicion of ‘Mule Account’ Insufficient to Freeze AccountPremium
- High Court Grants Anticipatory Bail to GST Purchasers Accused of Availing Bogus ITCPremium
- ITAT Allows Section 80P Deduction to Co-operative Credit Society Where No Addition Made on Reopened IssuesPremium
- CBDT Notification: Half-Yearly SFT Reporting by Depositories to Facilitate Capital Gains Pre-Filling in ITRs
- Mutual Fund Transactions to Feed ITR Pre-Filling: CBDT Prescribes Half-Yearly SFT Reporting
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts