31 July 2014
Dear Sir, I am an individual & use ITR 1 (SAHAJ). I have following queries:- 1) Last year in 2013-14, I have taken Personal Loan for Rs. 75000/- from Bank. I want to know the implication of the loan in ITR. Please suggest will it be shown in ITR, if yes, How ?
2). In Last year 2013-14, I have financed Bike from Bank. Please suggest of its implication, if any, in ITR ?