STCG/LTCG ADDITIONAL EXPENSES CRITERIA

SANJAY (MANAGER) (67 Points)

18 March 2011  

If I purchase home in 2000 @ 5,51,000/- and additinal expences like commission 15000/- renevation 1 lacs  in 2002 . Is any criteria for showing such expences, Also if i purchase flat and after renevation one month time sold out the flat .The purchase cost was 20 lacs and additional expences 3 lacs. In STCG  such additional expenses consider or not and what is the condition for such expenses