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Authorities Wrong to Deny Section 24 Deduction for Loan Interest on Flat Purchase, Court Rules.

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Full Text of the Document

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....Disallowance of interest on loan – u/s 24 - Loan taken for purchase of flat – the authorities were not justified in refusing deduction u/s 24 in respect of interest incurred by the assessee on loan borrowed for purchase of flat. - AT....

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