Recent results for the Ising model with first ($J_1$) and second ($J_2$) neighbour interactions on body-centered cubic (bcc) lattice suggest that this can host signatures of strong frustration, including Schottky anomalies residual entropy, as well as, a spin-liquid-like phase [E. Jur\v{c}i\v{s}inov\'a M. Jur\v{c}i\v{s}in, Phys. Rev. B, 101 214443 (2020)]. Motivated by these findings, we invest...