Posted on October 12, 2017February 27, 2018 by abhishekDeduction of Interest u/s 24(b) has to be allowed for loan utilized to repay the earlier raised housing loan Circular : No. 28 [F. No. 8/8/69-IT(A-I)], dated 20-8-1969. Akulu Nagaraj Gupta Subbaraju [2017] 86 taxmann.com 38 (Bangalore – Trib.)(SMC) Sunil Kumar Agarwal [2012] 20 taxmann.com 330 (Lucknow)