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(Querist)
05 October 2014 If i make a 5 year fd in joint name let say A & B then take the deduction in ITR of A then take loan on FD and show the loan on FD as Income of B is it possible or not?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
05 October 2014 Dear how can you show loan on FD as Income? Loan is not an Income.
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