https://www.taxtmi.com/highlights?id=103317 One-time clubhouse charges, corpus fund contributions and municipal taxes paid to a developer during acquisition may form part of a residential property's cost of acquisition where they have a direct and proximate nexus with obtaining the asset and its attendant rights. Cost is not limited to the basic sale price; the purpose of each payment, its commercial context and supporting evidence determine its treatment. Clubhouse charges linked to the flat, non-refundable corpus contributions for enduring common infrastructure, and municipal taxes collected during construction may qualify where they are not recurring post-acquisition liabilities. Such amounts are includible in the relevant cost components for capital-gains computation, with consequential indexation where otherwise admissible. en-us Wed, 02 Sep 2026 08:30:15 +0530 Wed, 02 Sep 2026 08:30:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=103317 One-time clubhouse charges, corpus fund contributions and municipal taxes paid to a developer during acquisition may form part of a residential property's cost of acquisition where they have a direct and proximate nexus with obtaining the asset and its attendant rights. Cost is not limited to the basic sale price; the purpose of each payment, its commercial context and supporting evidence determine its treatment. Clubhouse charges linked to the flat, non-refundable corpus contributions for enduring common infrastructure, and municipal taxes collected during construction may qualify where they are not recurring post-acquisition liabilities. Such amounts are includible in the relevant cost components for capital-gains computation, with consequential indexation where otherwise admissible. Highlights Income Tax Wed, 02 Sep 2026 08:30:15 +0530 https://www.taxtmi.com/highlights?id=103317