can we take deduction of Repayment of Principle & Interest under income tax for salaried person? if yes under which section? whether it is in addition to 150000 or eithin 150000
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(193936 Points)
Replied 03 March 2017
No. Unless its used for any business activity.
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1448 Points)
Replied 04 March 2017
What type of loan you have taken?
Recent Topics
- ITC on Car loan processing charges
- Documentation to Substantiate Foreign Travel as Bu
- Deficiency Letter
- DRC 01 along with SCN not received
- GSTR 7 amendment
- Change Reason For Challan in already paid chalan
- 🤖 The Future of Tax Filing: How Automation
- Andromeda Aagents income
- GST RFD 01
- Monthly Pension from EPFO exempt or taxable?
Related Threads
CAclubindia
