Itr 3 form

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 March 2014 A person is receiving salary and Interest income from partnership firm.
he has paid a car loan interest which he is using personally.
Also He is filing his personal ITR 3.
Can I show This car loan Interest u/s 57 because I do not prepare books of accounts.

15 March 2014 No because he don't have an income falling under section 56.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 March 2014 if not, then where to show this expense in ITR3?


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query