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can interest paid on home loan be taken as cost of acquisition
any idea if interest paid on home loan (under construction property) be added to the cost of acquisition if the flat is sold after three years. Possession of flat was after one year of purchase..
Replies (1)
yes you can add the interest paid on home loan as COA after the property is sold. However regarding the indexation of interest of each year the judicial rulings are silent on these.
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