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    <title>Section 11 Exemption Denied: Loan Repayment Not Considered Income Application Due to Prior Cost Allowance.</title>
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    <description>Exemption u/s 11 - as assessee has already been allowed cost of addition to asset acquired out of the loans as application of income in relevant years and therefore assessee cannot be allowed the repayment of loan as application of the income - AT</description>
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      <description>Exemption u/s 11 - as assessee has already been allowed cost of addition to asset acquired out of the loans as application of income in relevant years and therefore assessee cannot be allowed the repayment of loan as application of the income - AT</description>
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