Treatment of cost of improvement expenses payment made by brother

Income Tax Income from Capital Gains
1

sir,
A individual it assessee Mr. X purchased Residential Flat for Rs. 15…50 lacs on 11-05-2019, cost of improvement (Like Paint the house, Purchased TV, AC, Fridge, Sofa, Furniture etc.) done in the same FY 2019-2020 amounting pay to Rs. 22.00 lacs by Mr. Y (Brother of Mr. X) and the above same Residential Flat held by Mr. X, sold for Rs. 50 lakhs f.y.24-25*

Questions*

. Assessee Mr. X Claim Cost of Improvement (which is done by brother Mr. Y) in his ITR

2

Hey @Sundaraiah_Kollipara

To claim the costs of improvements, an individual must pay for the expenses themselves and provide receipts issued in their name. If the property is registered in the individual’s name but the expenses are paid by someone else, those improvement costs cannot be claimed. Therefore, in your situation, the costs of improvements paid by your brother can not be claimed.

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