Treatment of capitalised interest amount while computing cost of acquisition?
Dear Sir,
In Case of residential house property can interest paid be part of Indexed Cost of Acquisition while computing Capital Gain where we have not claimed deduction u/s 24b and interest amount is capitalised.
Replies (3)
no, you can't claim by adding in cost of acusition better to claim u/s 24b... you can claim upto 5 years as 1/5th amount of capitalised hope u have not forgot to claim in all 5 years..
thanx. I am satisfied with your reply.
Your Welcome
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