12 July 2011
Dear Sir, Whether Expenses like travelling expenses incured while registration of sold property is allowed as EXPENSES CONNECTED WITH TRANSFER? please answer with relevent section.
13 July 2011
Ofcourse Yes!! If a Person who is Party To The Sale/Purchase Contract, Without His Signature Deal may Not be Completed, How The Sale/Purchase Contract will be Executed without Travelling from Another Place to Concerned Place. Therefore, if That is Suffice to Prove it will be an Allowable Expense.