Capital gain computation - Not allowing the deduction of cost of ...

Cost of Improvement Deduction Denied Due to Lack of Proof in Capital Gain Case; Documentation Required for Indexed Benefits.

April 3, 2021

Case Laws Income Tax AT

Capital gain computation - Not allowing the deduction of cost of improvement - The assessee has not brought on record any document to show that this cost was paid by the assessee. The benefit of indexed cost of improvement can only be claimed where the cost has been actually incurred by the assessee till the date of sale. - AT

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Capital gain computation - Not allowing the deduction of cost of ...

Cost of Improvement Deduction Denied Due to Lack of Proof in Capital Gain Case; Documentation Required for Indexed Benefits.

April 3, 2021

Case Laws Income Tax AT

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