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Tax loan matter

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 October 2017 Sir, I am taking loan of 10 lakes for purchase of land(agricultural and real estate ) just to avoid tax
Can any one tell


How much can I save

Suppose interest rate 10 %
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Dr. ShamsheerKhan

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Dr. ShamsheerKhan (Expert)
22 October 2017 Data insufficient .............
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
23 October 2017 No tax saving due to this transaction....
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