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![Interest Expenditure incurred on Capital allowable as Deduction u/s 24 of Income Tax Act, not part of Cost Acquisition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-act-ITAT-pune-Capital-allowance-and-income-tax-Interest-Expenditure-on-Capital-allowable-capital-allowable-as-deduction-Income-tax-deductions-Income-tax-Taxscan-1.jpg "Interest Expenditure incurred on Capital allowable as Deduction u/s 24 of Income Tax Act, not part of Cost Acquisition: ITAT [Read Order]")
Interest Expenditure incurred on Capital allowable as Deduction u/s 24 of Income Tax Act, not part of Cost Acquisition: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) observed that Interest expenditure incurred on capital allowable as deduction under...
![While computing Capital Gains benefit of indexed Cost of Acquisition is to be considered for computing Tax liability: Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Capital-Gains-Cost-Acquisition-Karnataka-High-Court-Taxscan.jpg "While computing Capital Gains benefit of indexed Cost of Acquisition is to be considered for computing Tax liability: Karnataka High Court [Read Judgment]")