https://www.taxtmi.com/caselaws?id=471825 Indexed cost of acquisition must reflect the total actual consideration paid to acquire the same property, rather than being confined to the amount recorded in the registered purchase deed. A taxpayer claiming a higher acquisition cost must establish that the additional payment was made towards that property through documentary evidence. A lower registered-deed value, including one reflecting understatement for stamp-duty purposes, does not by itself justify reducing the actual acquisition cost for income-tax computation. Once additional consideration is proved, it must be included in the indexed cost of acquisition. en-us Fri, 13 Sep 2019 00:00:00 +0530 Sat, 19 Sep 2026 11:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471825 Indexed cost of acquisition must reflect the total actual consideration paid to acquire the same property, rather than being confined to the amount recorded in the registered purchase deed. A taxpayer claiming a higher acquisition cost must establish that the additional payment was made towards that property through documentary evidence. A lower registered-deed value, including one reflecting understatement for stamp-duty purposes, does not by itself justify reducing the actual acquisition cost for income-tax computation. Once additional consideration is proved, it must be included in the indexed cost of acquisition. Case-Laws Income Tax Fri, 13 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471825