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Sale of house property - Denial of the cost of improvement - apart from nonspecification of the work, so that the very basis of the assessee’s claim remains unknown, the certificate speaks of the renovation work having been carried out during the years 1997-98 and 2001-02, implying the relevant financial years. How could renovation be carried out in f.y. 1997-98, whereat the house was, by own admission, purchased? - Tri

Income Tax - Sale of house property - Denial of the cost of improvement - apart from nonspecification of the work, so that the very basis of the assessee’s claim remains unknown, the certificate speaks of the renovation work having been carried out during the years 1997-98 and 2001-02, implying the relevant financial years. How could renovation be carried out in f.y. 1997-98, whereat the house was, by own admission, purchased? - Tri - TMI Updates - Highlights .....

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