https://www.taxtmi.com/caselaws?id=798478 Capital-gains cost of improvement requires capital expenditure that adds to or alters the residential flat and is inseparable from the building. Routine repairs, maintenance, decorative articles, and detachable or movable items do not qualify because they do not change the character of the capital asset. Expenditure on pest control, artwork, upholstery, curtains, furnishings, gym equipment, plants, decor, furniture and related accessories was treated as non-qualifying. Glass and mirror work, kitchen and bathroom items, wallpaper, air-conditioning, home theatre and interior-work expenditure require item-wise verification of invoices, payments and installation evidence before determining allowability. en-us Fri, 14 Aug 2026 00:00:00 +0530 Tue, 08 Sep 2026 08:42:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798478 Capital-gains cost of improvement requires capital expenditure that adds to or alters the residential flat and is inseparable from the building. Routine repairs, maintenance, decorative articles, and detachable or movable items do not qualify because they do not change the character of the capital asset. Expenditure on pest control, artwork, upholstery, curtains, furnishings, gym equipment, plants, decor, furniture and related accessories was treated as non-qualifying. Glass and mirror work, kitchen and bathroom items, wallpaper, air-conditioning, home theatre and interior-work expenditure require item-wise verification of invoices, payments and installation evidence before determining allowability. Case-Laws Income Tax Fri, 14 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798478