Deduction

This query is : Resolved 

28 January 2015 Dear All,

One of my friend take loan for consumer durable goods.i.e for purchasing mobile, purchasing 2 wheeler etc. from bajaj finance, L&T finance etc.
There is no any deduction but what is effect for Computation Of Gross Total Income.

Pls suggest...

28 January 2015 no deduction for such loan or int paid under income tax act

28 January 2015 Thanksssss Sir....

28 January 2015 you are welcome dipesh......................


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