Principle payment of loan from employer
This query is : Resolved
16 April 2014
while calculating salary income can we deduct principle payment of interest free loan from employer.
16 April 2014
no. loan payment cannot be claimed as deduction from salary.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Sale of goods to the purchasing party
- Resignation of auditor and appointment and cfss
- OLD REGIM AND NEW REGIM
- RATE AND HSN CODE
- Clarification Required on Filing Form 141 for Joint Buyers
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- Clarification on 15% Saudi Withholding Tax and Refund Eligibility
- Partnership firm under Section 44AD
- Maintenance of asset register
- HOUSING LOAN ISSUE
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
