03 February 2018
Respected Sir / Madam., A individual Assessee wrongly taken the interest paid amount on Personal loan Rs. 50k in his ITR for the AY 2016-17. But the Personal loan amount Rs. 3L and its using business. Now., I got the books f accounts and found the details. In this situation
What are the steps taken myself for filing ITR...? Can I reverse the Interest amount Rs. 50k in AY 2017-18? or Can I continue taken the Interest amount as Expenses...?
Read more at: https://www.caclubindia.com/experts/personal-loan-interest-taken-in-itr-2626039.asp
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