16 January 2017
Yes it is with limitation as per section 154.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
16 January 2017
dear seetharaman sir, one more query... actually we have paid rs. 15000 interest free loan to the employee, is this loan is exempt upto 20000 in aggregate as per rule 3(7)(i) or not