Date: 23-01-2010
- Programme Structure
- Online Payment for Members
- Online Payment for Non-Members
Menu
tax querry
Replies (1)
Assessee should pay interest out of his income chargeable to tax for getting deduction.And deduction is allowed if assessee starts paying interest on such loan.
If pricipal amount is not paid...there is no effect on getting deduction of interest...not paying principal amount will have another consequence.
Recent Topic
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
Related Topics
CAclubindia
