31 December 2009
Kindly advise me, wheather interst paid on personal loan obtained by assessee for treatment of his wife is allowed against the salary income of assessee.
01 January 2010
no.it is not allowed to deduct int. from salary.u cn only claim deductions in respect of things covered u/s 80C, 80CCC,80D,80DDB, 80G and 80GG from salary income.