ITR R 2 E FILING

while uploading ITR 2 which contains LTCG I HAVE SHOWN COST of improvement for cost of acquisition of property.
i am getting validation error regarding the same. why
Replies (2)
Quick Summary
This discussion addresses a common validation error encountered when filing ITR 2, specifically concerning Long Term Capital Gains (LTCG) on property. The user incorrectly entered the 'cost of improvement' as the 'cost of acquisition' and received an error. The explanation clarifies that the cost of acquisition relates to expenses incurred at the time of buying the property, while the cost of improvement covers capital expenditure for additions or enhancements made later.

Cost of improvement is the additional cost you have incurred on your property by extension of your property or extra cost incurred on repairing of property etc. it should be shown as cost of improvement
Cost of improvement is the capital expenditure incurred by an assessee for making any addition or improvement in the capital asset.
Cost of Acquisition (COA) means any capital expense at the time of acquiring capital asset under transfer, i.e., to include the purchase price, expenses incurred up to acquiring date in the form of registration, storage etc. expenses incurred on completing transfer.

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