... Please let me know what to fill up in the expense voucher link ( http://www.neelgagan.com/copy-of-voucher-file-big ) to keep as paper proofs for cost of improvement of rented or self-occupied house to use to inflate the cost of purchase in a situation of sale of such house in future and reducing the capital gains on it . You can take the example of Rs.7,000 paid by me (owner of house) to the mason or labourer for some construction work in this house : (a) What to write in top column of FIRM'S NAME ? (b) What to write in DEBIT COLUMN LINES & which amount ? (c) What to write in CREDIT COLUMN LINES & which amount ? (d) What to write and whose name in APPROVED BY , SIGNATURE & RECEIVER'S SIGNATURE ?
Jan. 29, 2018