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.
Menu
Intrest subsidy in housing loan
Replies (1)
You can show the Subsidy under EXEMPTED INCOME...
Recent Topic
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
Related Topics
CAclubindia
