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Amount paid to relinquisher can be treated as coi?

(Querist) 02 July 2019 This query is : Resolved 
Hello,

Kindly advice whether the amount paid BY persons to whom favour right have been relinquished (conveyance deed registered persons) TO persons who relinquished their right (other Family member) on sale of immovable property (ancestral Property), can be treated as Cost of Improvement in capital gain taxation?

Please advice!

Thank you.
Report Abuse
KISHAN DUTT KALASKAR (Expert) 02 July 2019
Dear Sir,
Please contact expert chartered accountant.
R.K Nanda (Expert) 02 July 2019
contact tax lawyer.
for it.
kavksatyanarayana (Expert) 02 July 2019
Dear querist, yes. contact CA of your area or post the query in CAclubindia.
Dr J C Vashista (Expert) 03 July 2019
I endorse advise of experts.

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