Loan Taken From LIC The Same Invested In A Firm As Partner and Receiving Interest. Now We Repay The Loan Interest Amount To LIC.
Is The Interest Paid To LIC is Exempt As Per IT. Please Clarify.
Gopala Krishna (288 Points)
31 January 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 31 January 2021
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
