https://www.taxtmi.com/caselaws?id=471566 Capital-gains computation requires verification of claimed cost of improvement and brokerage deductions where supporting evidence was not previously established. The contractor's affidavit, produced before the Tribunal, requires examination on oath and consideration with any further evidence to determine whether improvement expenditure is genuine. Brokerage expenditure likewise requires supporting material before its deductibility can be determined. Both claims are remitted to the Assessing Officer for fresh verification and decision, reopening the capital-gains computation only to determine these two deductions. en-us Tue, 08 Apr 2025 00:00:00 +0530 Wed, 09 Sep 2026 13:32:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471566 Capital-gains computation requires verification of claimed cost of improvement and brokerage deductions where supporting evidence was not previously established. The contractor's affidavit, produced before the Tribunal, requires examination on oath and consideration with any further evidence to determine whether improvement expenditure is genuine. Brokerage expenditure likewise requires supporting material before its deductibility can be determined. Both claims are remitted to the Assessing Officer for fresh verification and decision, reopening the capital-gains computation only to determine these two deductions. Case-Laws Income Tax Tue, 08 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471566