charitable religious trust
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 June 2011
Can due any loans for education (Interest pay loans) to any person is ti permissible U/s 11(5) of the Income Tax Act. Pls. advice me
thanks and regars
sree visalam charitable trust
thanks and regars
sree visalam charitable trust
24 June 2011
Interest bearing educational loan is not a permitted deposit u/s 11(5) of the I.T.Act,1961.
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