My query is if i had taken loan at the time of purchase of my house property in 2000 and now in 2018 i am selling the property then whether i would be allowed to take interest on borrowed loan for calculating capital gain u/s 48 as cost of acquisition and if yes then how indexation will be taken on interest amount???
Also i have acquired propert in 2000 but certain installments for payment of property were going on till 2002 then whether i would take indexation of whole cost of acquisition for the year 2000 or indexation of remaining installments till 2002 will be separately calculated ..
CAclubindia
