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Fresh loan raised to repay original loan taken for constructing/ buying property - Whether interest payable on second loan would also be admissible as a deduction under clause (vi) of sub-section (1)

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....r>28/1969 Dated:- 20-8-1969 Circular<br>Income Tax<br>Circular No. 28 Dated 20/8/1969 Fresh loan raised to repay original loan taken for constructing/ buying property - Whether interest payable on s....

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Full Text of the Document

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....been raised whether in a case where a fresh loan has been raised to repay the original loan taken for the above purpose, the interest payable in respect of the second loan would also be admissible as ....

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