Employer given to loan employee
Querist : Anonymous
Example:
A Yearly Salary :2,50,000
Loan without Interest :50,000 ( monthly Paid via Salary of Rs.5000/=)
So His Total Income 2,50,000 or 3,00,000
Reply Urgent
Querist : Anonymous
Interest Taxable only Employee account
and can cliam under 80 C ?
Querist : Anonymous
One Small Question ask to you, Employer give to the loan employee as purchase of house purpose but employee should invest other way to how to classification to income tax department...
Such Example : 1.House Renovation , Car Reparing , Student Education Purspose, etc
Reply urgent
thanks again
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