Salaried asseesse
This query is : Resolved
19 January 2014
Assesse is in 30 percent tax backet. He wanted to extend his house and involves an expense. Whether he should extend it using his extra funds which he has with him or invest it and extend house using home loan
19 January 2014
depends on the comparison between after tax income on the surplus funds and the net-of-tax effect of borrowed funds...
so you need to do this analysis.
so you need to do this analysis.
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