Deductibility of Interest on Loan Taken for Family Settlement against Capital Gains from Gifted Property

CA Divyajeet Singh Sabharwal , Last updated: 23 January 2024
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The interplay between capital gains taxation and deductions allowed on borrowing for family settlements has been a subject of constant debate and judicial scrutiny. A recent income tax case involving an assessee claiming interest deduction on a loan taken to fulfill a family settlement against capit

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Published by

CA Divyajeet Singh Sabharwal
(Accounts and Finance Analyst)
Category Income Tax Report

Deductibility of Interest on Loan Taken for Family Settlement against Capital Gains from Gifted Property

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

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Original Price : INR 2999/-

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