Hello,
I have taken loan of Rs.60,000/- without any interest from my mother-in-law for booking a flat. Can I get any benefit of this amount while calculating TDS on my Salary?
Please help.
Regards,
Ashish
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Please Help!!!!!!!!
Replies (8)
No you can not get any benefit regarding tds on salary…..
noo....
nup dear ..
say it is for interest dear den u get 150000 exemption
sorry it is not exemption it is deduction
no
no you cannot get any benefit as its interest free loan
U can only get the benefit of interest payment made to your mother in law and no other benefit.
In your case the no benefit as no interest is paid
HI
You have not pay any interest on this amount, so you can not get any deduction.
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