Please Help!!!!!!!!

715 views 8 replies

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

 

 

 

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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