Court Rules on Capital Gains: Non-mention of Boundary Wall in Sale Deed Doesn't Prove Its Non-existence.

Disallowance of cost of construction cost of improvement of property while computing the Long Term Capital Gain - since it is a case of construction of boundary wall, therefore, the non-mentioning of the same in the sale deed will not ipso fact lead to the conclusion that boundary wall was not in existence on the plot of land. .....

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