https://www.taxtmi.com/highlights?id=75002 Capital gain computation - disallowance of interest on housing loan which has been claimed as part cost of acquisition - The ITAT upheld the CIT(A)'s decision, agreeing that the interest payment did not have a direct nexus with the acquisition of the property and, therefore, could not be included in the cost of acquisition for calculating LTCG. en-us Sat, 17 Feb 2024 12:57:23 +0530 Sat, 17 Feb 2024 12:57:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75002 Capital gain computation - disallowance of interest on housing loan which has been claimed as part cost of acquisition - The ITAT upheld the CIT(A)'s decision, agreeing that the interest payment did not have a direct nexus with the acquisition of the property and, therefore, could not be included in the cost of acquisition for calculating LTCG. Highlights Income Tax Sat, 17 Feb 2024 12:57:23 +0530 https://www.taxtmi.com/highlights?id=75002