Cost of Acquisition-Capital Gain

I think such expenses is not allowable...

But let others reply too

Dear Dhruvesh,

Bhai I hope u r not playing with us like Balaji Bhai does.........:)

Compensation paid to tenants for vacating premises - Where the assessee sold a property to the Bombay Municipal Corporation, and paid compensation to the hutment dwellers for vacating the land, the amount so paid was allowable as ‘cost of improvement’ in the computation of capital gains, since by eviction of the hutment dwellers the value of the land increased - CIT v. Miss Piroja C. Patel [2000] 242 ITR 582 (Bom.).