Capital gains - please help
This query is : Resolved
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
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
Studentsca
(Expert)
19 September 2017
Computation of Indexed cost of improvement would not be possible.
19 September 2017
Hello Dear Studentsca...
Are you busy...?!
I saw your post for long time ago....!
K Srinivas, CMA CS
(Expert)
20 September 2017
Improvement cost cannot be claimed in absence of any data
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