Gold Loan subsidy
Suresh Pai S (Tax Consultant) (1029 Points)
27 May 2017
Subsidy on gold loan interest is an income. right?
2 Replies
CA Bhargav Nathwani
(CA in Practice)
(8307 Points)
Replied 27 May 2017
Yes any subsidy given by Government should form part of total income.
Suresh Pai S
(Tax Consultant)
(1029 Points)
Replied 27 May 2017
What is your opinion about agricultural gold loan subsidy?
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