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interest free loan from employer

This query is : Resolved 

27 November 2009 Hi

Dear all can i get any rebate or benifit under any section if i take interest free loan from employer. if no tell me the treatment in return its includ in my gross salary/other income or any other field & its taxble give me calculation for that (loan amt 100000 dt. 10-4-09)

lot's of thanks

nilesh
nilesh_sagvekar@balaji.co.in

27 November 2009 Deemed interest will be taxable in your case

27 November 2009 Agreed. it will be taxed as perk

27 November 2009 thanks


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