Assessee has incurred cost of improvement but doesn't has any proof for same. In case if he claims the same while calculating the capital gains and the assessing officer sends any notice how can he claim the same.Are there any case laws regarding the same..?
Until the assessee was asked to produce proof in support of improvement costs there's no problem, if not you are required to submit proof in support of your claim. better get a valuation report from a registered valuer to substantiate your claim
You can show the cost of improvement now and arrange invoice later on if any required from assessing officer. Until and unless asked for, you need not required any proof.
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