Taxability of Interest Free Loan from Employer: ITAT

Prajjwal Kaushik , Last updated: 18 June 2018  
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In a recent decision made by Income Tax Appellate Tribunal, Mumbai in case of Neha Saraf vs. ACIT Range 13(3) [ITA No. 2172/M/2016] it has been decided that where an employee receives Interest Free loan from the employer it shall be taxable in the hands of the employee as salary as per the provision

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Prajjwal Kaushik
(Finance Professional)
Category Income Tax   Report

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