Intrest subsidy in housing loan

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42 Points Posted on 26 April 2018

As the Propriter has received Intrest subsidy towards Housing loan Of Rs 2.20 Lakh .

What will be the Accounting treatment as well as the IncomeTax Effect.

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On 26 April 2018 at 12:56 Report
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"Do the Right Thing...!!!"
128157 Points Posted on 26 April 2018
You can show the Subsidy under EXEMPTED INCOME...
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On 26 April 2018 at 13:38

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