https://www.taxtmi.com/highlights?id=71102 LTCG computation - Deduction of expenditure cost of acquisition u/s 48 - Various High Courts have held that the interest incurred on borrowed funds are to be treated as ‘cost of acquisition’ and deduction u/s 48 of the Act was allowed for the said expenditure. - AT en-us Wed, 26 Jul 2023 16:05:09 +0530 Wed, 26 Jul 2023 16:05:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71102 LTCG computation - Deduction of expenditure cost of acquisition u/s 48 - Various High Courts have held that the interest incurred on borrowed funds are to be treated as ‘cost of acquisition’ and deduction u/s 48 of the Act was allowed for the said expenditure. - AT Highlights Income Tax Wed, 26 Jul 2023 16:05:09 +0530 https://www.taxtmi.com/highlights?id=71102