Housing loan intrest subsidy
This query is : Resolved
26 April 2018
Dear Sir,
Proprietor has received subsidy towards housing loan what will be the effect in income tax as well as Accounting Treatment.?
Proprietor has received subsidy towards housing loan what will be the effect in income tax as well as Accounting Treatment.?
29 September 2021
When there is deduction availed over the interest amount, the subsidy is to be reduced to the interest paid.
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