https://www.taxtmi.com/caselaws?id=792072 Indexed cost of improvement cannot be rejected outright merely because decades-old bills and vouchers are unavailable where the record otherwise shows an existing constructed superstructure, the acquisition and improvement chronology, and stamp valuation of the built portion; the cost must be recomputed on a reasonable basis, including constructed area and applicable PWD rates. Section 54 relief cannot be curtailed simply because the new residential property is held in joint names when the assessee funded the investment from own funds. Acquisition-linked payments such as premium, GST, stamp duty, registration and infrastructure charges form part of eligible investment, while optional club membership charges are excluded. en-us Wed, 20 May 2026 00:00:00 +0530 Fri, 22 May 2026 07:06:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792072 Indexed cost of improvement cannot be rejected outright merely because decades-old bills and vouchers are unavailable where the record otherwise shows an existing constructed superstructure, the acquisition and improvement chronology, and stamp valuation of the built portion; the cost must be recomputed on a reasonable basis, including constructed area and applicable PWD rates. Section 54 relief cannot be curtailed simply because the new residential property is held in joint names when the assessee funded the investment from own funds. Acquisition-linked payments such as premium, GST, stamp duty, registration and infrastructure charges form part of eligible investment, while optional club membership charges are excluded. Case-Laws Income Tax Wed, 20 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792072