11 March 2015
Dear experts,
I m self-employed,
i 've taken personal loan Rs.2lakh. therefore my annual income Rs.6lakh. so that can i take benefits as obligation Rd.2 lakh...?
Please suggest.
11 March 2015
Are you asking about deduction of personal loan? If yes, no deduction of personal loan or interest paid thereon from Income is like available.
CAclubindia
