Menu
Income from salaries
The loan taken by the employee from recognised pf maintained by the employer during the service? What is tax treatment for that
Replies (3)
No tax liability over loan amount. Interest paid is not exempt.
It's a normal loan only. You don't get any tax benefit for interest payment on such loan.
No special treatment. It will be treated as a Normal Loan only.
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
