Hello Everyone ..
Can some please tell me ..
If i take loan from bank and give my FD as security the what will the effect in Income tax ..
plz help me out ..
thanks alot ;-);-);-);-);-)
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An urgent query
Replies (2)
Dear krina, f.d interest will come under your income from other sources. And the interest you pay on loan will be allowable deduction. I hope your urgent quey is solved ...... :)
thanks a lot sir ;-);-)
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