is there any calculation of capital gain????

Dear Raj,

I think, Prepayment charges of loan cannot be capitalized simply becos those charges cannot be said to be related with either the acquisition or improvement,.......

Further interest which is/has been allowed as Deduction u/s 24 CANNOT BE ADDED TO COST OF ACQUISITION for the purposes of capital gain......If it has not been claimed as deduction earlier, only then the same can be added.

I think Amir bhai is rite..........