https://www.taxtmi.com/caselaws?id=433645 The Tribunal partly allowed the appellant's appeal, directing the Assessing Officer to consider the estimated expenditure for improvement over the years and granting indexation benefits to compute the cost of acquisition. The decision emphasized the need for reasonable estimation in the absence of evidence and relied on precedents supporting such considerations for property maintenance expenses. en-us Tue, 31 Jan 2023 00:00:00 +0530 Mon, 06 Feb 2023 09:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433645 The Tribunal partly allowed the appellant's appeal, directing the Assessing Officer to consider the estimated expenditure for improvement over the years and granting indexation benefits to compute the cost of acquisition. The decision emphasized the need for reasonable estimation in the absence of evidence and relied on precedents supporting such considerations for property maintenance expenses. Case-Laws Income Tax Tue, 31 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433645