Capital gain
Akant Khandelwal (Artical) (102 Points)
30 January 2014
is their any limit to claming cost on improvement in case of capital asset while calculating long term capital gain
Akant Khandelwal (Artical) (102 Points)
30 January 2014
Mihir
(Wealth Manager)
(5293 Points)
Replied 30 January 2014
Cost of improvement could be more than cost of acquisition. No limit, provided it is legit and supported by documentary evidence.
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