https://www.taxtmi.com/highlights?id=79287 Immovable asset improvement cost disallowed due to lack of evidence. Assessee failed to prove expenditure incurred for improvement. Bills primarily in name of unrelated entity to which unsecured loan advanced and interest charged. Bills not proof of assessee's expenditure for flat's improvement. Partial cost allowed based on bills in assessee's name. Disallowance upheld as assessee did not file necessary documentary evidence. Appeal dismissed. en-us Wed, 10 Jul 2024 08:01:37 +0530 Wed, 10 Jul 2024 08:01:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79287 Immovable asset improvement cost disallowed due to lack of evidence. Assessee failed to prove expenditure incurred for improvement. Bills primarily in name of unrelated entity to which unsecured loan advanced and interest charged. Bills not proof of assessee's expenditure for flat's improvement. Partial cost allowed based on bills in assessee's name. Disallowance upheld as assessee did not file necessary documentary evidence. Appeal dismissed. Highlights Income Tax Wed, 10 Jul 2024 08:01:37 +0530 https://www.taxtmi.com/highlights?id=79287