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Fd income aganist loan

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(Querist)
15 August 2014 one of my client has FD income of rs.425000 and he has taken loan aganist FD. loan interest of rs.150000.so can i claim loan interest aganist FD income??
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
15 August 2014 ideally no. because the expense incurred is not in relation to the income earned from FD
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Rupesh Jain

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Rupesh Jain (Expert)
16 August 2014 no there is no option for that. due to you not use for income earn.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
25 August 2014 the ans is no....................................
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