Court Denies Asset Improvement Costs Claim Due to Lack of Evidence; Appeal Dismissed Over Insufficient Documentation.

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....Immovable asset improvement cost disallowed due to lack of evidence. Assessee failed to prove expenditure incurred for improvement. Bills primarily in name of unrelated entity to which unsecured loan advanced and interest charged. Bills not proof of assessee's expenditure for flat's improvement. Partial cost allowed based on bills in assessee's name. Disallowance upheld as assessee did not file necessary documentary evidence. Appeal dismissed.....