can we take deduction of Repayment of Principle & Interest under income tax for salaried person? if yes under which section? whether it is in addition to 150000 or eithin 150000
ramakrishna kamisetty (Final student) (73 Points)
03 March 2017can we take deduction of Repayment of Principle & Interest under income tax for salaried person? if yes under which section? whether it is in addition to 150000 or eithin 150000
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171367 Points)
Replied 03 March 2017
No. Unless its used for any business activity.
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 04 March 2017
What type of loan you have taken?
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