EASYOFFICE

ITR1 regarding personal loan

This query is : Resolved 
Profile Image

Profile Image

(Querist)
02 July 2021 Dear Sir/Madam,
My relative daughter has taken loan of Rs.30lacs from relatives for higher studies (to study in US). Please help how to show Rs.30lacs in ITR1 for the fy 2020-21.

Help me in this regard.

Thanking you,
Ajay
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
02 July 2021 No need to show such loan in ITR unless your yearly income is more than 50 lacs

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links