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Case Law Details

Case Name : Parwati Devi Totlani Vs ITO (ITAT Jaipur)
Related Assessment Year : 2010-11
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Parwati Devi Totlani Vs ITO (ITAT Jaipur)

Interest paid  on the borrowing made for acquiring Capital Asset (House Property)  is part of the cost of acquisition and therefore eligible for indexation and deduction from the Sale Consideration  for computation of capital gains. 

FULL TEXT OF THE ITAT JUDGEMENT

This is an appeal filed by the assessee against the order

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