Cost of Acquisition-Capital Gain

Dhruvesh Shah (partner) (443 Points)

16 March 2010  

Mr. X has got a land and he wants to sell the land. But some part of land is acquired by Anti-Social elements and rest by poor people constructing the huts. To vacate the land Mr. X incurs certain expenditure. Can he claim the same as expenses in connection with transfer???? Give me cross refrence of Section as well as case if any.....