In I.T.A. No. 1782/Ahd/2017, Assessment Year : 2012-13, ITO Ward-3(3)(9), Ahmedabad vs Smt. Rajani Manhar Bhagat, the assessee, an individual, sold immovable property located at Paldi, Ahmedabad for a consideration of Rs.51 Lakhs vide sale deed registration with registered authority on 19.10.2011. during the assessment proceedings, the Assessing Officer noted that the stamp duty of Rs.12,74,440/- was collected on the aforesaid sale.
It was also noted that the assessee has paid Rs. 17500000/- to land tress passer and Rs. 1100000/- as brokerage.
The brokerage costs incurred on sale consideration by the purchaser cannot be taken into account for the purposes of Section 50C of the Act.
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