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What can be included in cost of acquisition of property ?

419 views 2 replies

Respected Sir/Madam,

when we had bought a property some years back, the builder had taken separate amount for light and water.

can we consider that amount in cost of aquisition of this property ? 

Please guide me.

Thank You.

Replies (2)

Hello..

Cost of aqcuisition of the property shall include all the cost incurred in making the sale/tranfser. The additional charges paid for water and electricity if are towards the connection for the property, they can be a part of your cost as well.

 

Thank you Madam for your quick and accurate reply.


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