in computing capital gains on sale of land whether interest paid on loan borrowed for the purpose of land is allowed as a deduction?
vijaykanth bhattad (CA) (89 Points)
30 November 2012in computing capital gains on sale of land whether interest paid on loan borrowed for the purpose of land is allowed as a deduction?
vijaykanth bhattad
(CA)
(89 Points)
Replied 30 November 2012
is there a conditon that loan should be borrowed only from financial institution or it can also be borrowed from relative/friend
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
