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Rebate on interest

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(Querist)
29 March 2018 Hello,
With due respect to experts I would like to ask that can I get a rebate of interest on my car loan during my Income tax return filing?
If yes, then how much rebate is allowed?

Someone told me that it is only available if you have business with the same pancard, is it true?

Please help.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
29 March 2018 Your hear say is correct.
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RAJA P M

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RAJA P M (Expert)
29 March 2018 Yes... Some one is exactly correct. It's allowed if you are dealing under Business. Individual capacity it's not available...
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