Rs 1.48 Crore Interest on Delayed Property Payments Qualifies as Cost of Acquisition: ITAT Delhi:
ITAT allows Rs 1.48 crore interest paid to a developer as part of property acquisition cost while remanding the Section 54 deduction claim for fresh verification.
ITAT Allows Interest on Delayed Property Payments as Cost of Acquisition, Remands Section 54 Claim
Saloni Kumari
Aug 16, 2026
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Rs 1.48 Crore Interest on Delayed Property Payments Qualifies as Cost of Acquisition: ITAT Delhi
ITAT allows Rs 1.48 crore interest paid to a developer as part of property acquisition cost while remanding the Section 54 deduction claim for fresh verification.
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Saloni Kumari
Content Writer
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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