Section 54
This query is : Resolved
19 December 2009
is it necessary dat cost for improvment of residential property has to be incurr after purchase of property?
in my case i hd incurred it before registration of ma purchase agreement as my builder was guarantor in agreement between myself & contractor for development of property....
its urgent....
Plzzz help me..........
in my case i hd incurred it before registration of ma purchase agreement as my builder was guarantor in agreement between myself & contractor for development of property....
its urgent....
Plzzz help me..........
19 December 2009
yes cost of improvement will always after purchase,
before purchase it become the part of cost of acquisition
before purchase it become the part of cost of acquisition
19 December 2009
Yes agree. It should be made part of cost of acquisition.
19 December 2009
too agree.
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