Tax exmpetion for personal loan used for buying an owned car

Are you owner /partner in any business?

Sunil, Udgam,

Thank you for your reply and appreciate your swift response on my query.

I am a salaried person working in private limited company with yearly income more than 15 lakhs per annum.

What you said is possible in my case?

Nah, there is no consideration in your case.

Thanks for clearing my doubts Udgam. I am really grateful to you.

I better start my own business now.