TMI BlogFresh 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)X X X X Extracts X X X X X X X X Extracts X X X X ..... br>28/1969 Dated:- 20-8-1969 Circular X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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