https://www.taxtmi.com/caselaws?id=800575 Capital-gains computation permits transfer brokerage and actual property-improvement costs where receipts, invoices or objective property records substantiate the expenditure. Non-retention of every invoice, particularly by non-resident owners, does not by itself justify rejecting otherwise supported improvement costs. For residential-property exemption purposes, a mandatory corpus-fund payment intrinsically linked to ownership forms part of the cost of the new property. Supplier invoices and payment receipts may establish qualifying expenditure even without a corresponding bank statement, absent contrary material. Labour and painting claims lacking identifiable bills, receipts or other reliable proof remain inadmissible. Capital gains and consequential exemption require recomputation after allowing substantiated expenditure and excluding unsupported claims. en-us Wed, 23 Sep 2026 00:00:00 +0530 Thu, 08 Oct 2026 08:45:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800575 Capital-gains computation permits transfer brokerage and actual property-improvement costs where receipts, invoices or objective property records substantiate the expenditure. Non-retention of every invoice, particularly by non-resident owners, does not by itself justify rejecting otherwise supported improvement costs. For residential-property exemption purposes, a mandatory corpus-fund payment intrinsically linked to ownership forms part of the cost of the new property. Supplier invoices and payment receipts may establish qualifying expenditure even without a corresponding bank statement, absent contrary material. Labour and painting claims lacking identifiable bills, receipts or other reliable proof remain inadmissible. Capital gains and consequential exemption require recomputation after allowing substantiated expenditure and excluding unsupported claims. Case-Laws Income Tax Wed, 23 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800575