Easy Office
LCI Learning

Cost of home improvement

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 December 2014 Can get benefit of deduction for Home Repairing / improvement cost under the income tax?
I am a salaried individual.

Please guide.
Profile Image

Ravikant

Profile Image

Ravikant (Expert)
21 December 2014 Yes, you can claim cost of improvements as a deduction from the capital gains. To claim this deduction you will have to maintain the bills of the expenditure incurred with you.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
22 December 2014 IT IS COST OF HOUSE AND INCREASE THE COST OF HOUSE.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links