Regarding tax saving
This query is : Resolved
27 February 2012
Dear Sir,
if Salaried Employee paid interest on Personal loan it is eligible for deduction in its tax computation.
Regards
Akbar
if Salaried Employee paid interest on Personal loan it is eligible for deduction in its tax computation.
Regards
Akbar
SOURAV GOEL
(Expert)
27 February 2012
Hi Akbar,
Interest paid on personal loan is not eligible for deduction.
Has it been for House Building the same would have been eligible for deduction u/s 24(b).
Interest paid on personal loan is not eligible for deduction.
Has it been for House Building the same would have been eligible for deduction u/s 24(b).
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