https://www.taxtmi.com/caselaws?id=798090 One-time club house charges, non-refundable corpus fund contributions and municipal taxes paid to a builder during construction may form part of a residential property's cost of acquisition for capital-gains computation where they have a direct and proximate nexus with acquiring the property and its appurtenant rights. Cost of acquisition is not limited to the basic sale price; each payment's purpose and commercial context determine its treatment. Contemporaneous receipts, banking evidence and undisputed genuineness support inclusion. Municipal taxes collected before the occupancy certificate, without evidence of recurring post-acquisition liability, are similarly includible. Tax deduction provisions concerning property transfers do not govern this computation. en-us Mon, 17 Aug 2026 00:00:00 +0530 Wed, 02 Sep 2026 08:30:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798090 One-time club house charges, non-refundable corpus fund contributions and municipal taxes paid to a builder during construction may form part of a residential property's cost of acquisition for capital-gains computation where they have a direct and proximate nexus with acquiring the property and its appurtenant rights. Cost of acquisition is not limited to the basic sale price; each payment's purpose and commercial context determine its treatment. Contemporaneous receipts, banking evidence and undisputed genuineness support inclusion. Municipal taxes collected before the occupancy certificate, without evidence of recurring post-acquisition liability, are similarly includible. Tax deduction provisions concerning property transfers do not govern this computation. Case-Laws Income Tax Mon, 17 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798090