COST OF IMPROVEMENT-ALL YOU NEED TO KNOW
Cost of improvement is the capital expenditure incurred by an assessee for making any addition or improvement in the capital asset
It also includes any expenditure incurred in protecting or curing the title
Proving of cost improvement
You need a civil engineer a certificate stating the cost incurred on the house at different interval and based on the same you need to establish the cost incurred for construction
And based on settlement deed you need to provide for bifurcation of total cost incurred……
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