Interest on loan can it be cost for capital gains

This discussion explores whether interest paid on a loan taken for property purchase can be included when calculating capital gains tax. Participants debate if it qualifies as a cost of acquisition (and can be indexed) or a cost of transfer. While some suggest it can be claimed under Section 48 if not previously deducted under other sections like 24(b) or 80EE, others note the Act is silent on this specific treatment for capital gains calculations.