Loan Taken From LIC The Same Invested In A Firm As Partner and Receiving Interest. Now We Repay The Loan Interest Amount To LIC.
Is The Interest Paid To LIC is Exempt As Per IT. Please Clarify.
Gopala Krishna (285 Points)
31 January 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 31 January 2021
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
