C Gain Tax
This query is : Resolved
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13 August 2024
Sir,
I have invested around Rs.16 lakhs towards interiors/furnishing/electronics and electricals in the year 2016 on my flat that I have purchased as raw flat.
Sale deed executed is Rs.42 lacs.
My query is:
1]Can I add inetriors value Rs. 16 lakhs as cost of the flat while computing capital gains tax with or without indexation benefit?
I have invested around Rs.16 lakhs towards interiors/furnishing/electronics and electricals in the year 2016 on my flat that I have purchased as raw flat.
Sale deed executed is Rs.42 lacs.
My query is:
1]Can I add inetriors value Rs. 16 lakhs as cost of the flat while computing capital gains tax with or without indexation benefit?
Dhirajlal Rambhia
(Expert)
13 August 2024
Do you have contractors' vat paid bills along with bank payment statements?
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Dhirajlal Rambhia
(Expert)
26 August 2024
Good Luck.
03 September 2024
Sir,
Sorry for the delay. I am not having the required contractor's VAT paid bills but, some cheques are issued for part payments made but not for the full amount of the cost I incurred.
Sorry for the delay. I am not having the required contractor's VAT paid bills but, some cheques are issued for part payments made but not for the full amount of the cost I incurred.
Dhirajlal Rambhia
(Expert)
03 September 2024
You may add the amount paid by cheque.
04 September 2024
Thank you very much sir. Regards
Dhirajlal Rambhia
(Expert)
04 September 2024
You are welcome.
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