some of the construction expenses are paid in CASH in year 2007 (when the property was constructed) can i take such expenses also as cost of acqision or not.
you can show those expenses as either cost of acquisition or cost of improvement. make sure that whatever you claim is substantiated by material evidences
@ kamal PLS note that the onus is always on the assessee to prove and produce the details in respect of deductions claimed by him. the AO only verify the genuineness of such details produced by the assessee. so if you do not produce any details then no deduction will be allowed as such. this is normally all AOs point of view
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