Capital Gains
This query is : Resolved
20 June 2011
Mr X has sold his flat for a consideration of Rs 50 lacs. Before transfer of the flat, he repaid bank loan on the same of Rs 10 lacs. Does Rs 10 lacs deductible as Expenses on transfer?
20 June 2011
no payment of bank loan is a personal liab
CA MANOJ GUPTA
JODHPUR
09828510543
CA MANOJ GUPTA
JODHPUR
09828510543
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