Long Term Capital Gains - benefit of indexation on cost of ...
Assessee Denied Long-Term Capital Gains Tax Benefits Due to Lack of Evidence for Cost of Improvements.
April 18, 2023
Case Laws Income Tax AT
Long Term Capital Gains - benefit of indexation on cost of improvement incurred - The assessee had failed to demonstrate by any evidence the cost of improvement like bills / vouchers, approval of the local authorities and claim of expenditure claimed in the earlier return of incomes. Assessee is not entitled to the relief claimed in these appeals. - AT
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