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Capital gains - please help

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(Querist)
19 September 2017 Assesee purchased a house property in 1985. Incurred some cost of improvements gradually in the next few years, for which he has no bills and records

Now Assessee sold the property in the Financial year 2015- 2016.

How to compute the cost of improvement for the asset sold and how to index it. Please Help
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Studentsca

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Studentsca (Expert)
19 September 2017 Computation of Indexed cost of improvement would not be possible.
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RAJA P M

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RAJA P M (Expert)
19 September 2017 Yes I agreed....



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RAJA P M

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RAJA P M (Expert)
19 September 2017 Hello Dear Studentsca... Are you busy...?! I saw your post for long time ago....!
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
20 September 2017 Improvement cost cannot be claimed in absence of any data

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