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Deduction of outstanding loan amt from capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 October 2015 If any Individual purchase a house ( additional property ( Investment ) after taking loan from bank, after 10 years he sold the house. If he calculate the gain than outstanding loan could be consider.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
02 October 2015 Will not be considered.

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