banner_ad

Construction cost

This query is : Resolved 

17 November 2015 Whether Investment in Residential Flat only covers Expenditure incurred on Roof, Walls, Carpet area and Electrical Fittings etc..What about Cupboard fitted in kitchen, living area, Bedroom by the builder, whether the Income Tax officer would treat this towards Capital Cost of Construction or it will be excluded at the time of valuation of the property.

Thanks in Advance.

17 November 2015 It will be included at the time of valuation of the property.


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details