DETERMINATION OF EXPENSES ON TRANSFER

   
  • Expenditure incurred wholly & exclusively in connection with transfer of capital assets is covered under this head.

  • The expenses incurred & claimable as deduction are:

§  Brokerage or Commission

§  Cost of Stamp.

§  Registration Fees borne by the vendor.

§  Traveling expenses related to transfer.

§  Litigation expenses for claiming enhancement in compensation.