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![‘Cost of Acquisition’ includes the Interest Paid on Loan for Purchasing Property, Deductible from ‘Capital Gain’: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "‘Cost of Acquisition’ includes the Interest Paid on Loan for Purchasing Property, Deductible from ‘Capital Gain’: ITAT Kolkata [Read Order]")
‘Cost of Acquisition’ includes the Interest Paid on Loan for Purchasing Property, Deductible from ‘Capital Gain’: ITAT Kolkata [Read Order]
In ACIT v. Mrs. Sheela Chopra, the Kolkata bench of the ITAT ruled that the amount of interest paid on loan taken for purchasing the property is an...