Intrest Examption on Personal Loan Taken for Plot
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 February 2011
Dar Experts,
i have taken a personal loan for a Plot and i have not done any kind of construction on this plot and it is still in shape of Plot. on this loan i am paying interest amount with my monthly EMI.
Can i get any kind of tax exemption to save my Tax liability.
Please advise.
Regards
Ravinder
i have taken a personal loan for a Plot and i have not done any kind of construction on this plot and it is still in shape of Plot. on this loan i am paying interest amount with my monthly EMI.
Can i get any kind of tax exemption to save my Tax liability.
Please advise.
Regards
Ravinder
Guest
Guest
(Expert)
08 February 2011
No deduction and exemption.
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