Intrrest income treatment for individuals

This query is : Resolved

Ganesh Sharma (Querist)
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12 January 2018 Interest income received 5 lakh and tds 50k has been deducted can we set off this income against our interest paid to unsecured loan.

CA R SEETHARAMAN (Expert)
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12 January 2018 If the interst payment related to borrowing for earning the income then it can be set off.

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