Hello evveryone,
one of my NRI client booked a flat in mumbai. Interest is paid by my client which is reimbursed by builder at the end of the year.
My question
Is interested reimbursement taxable in the hands of my client as income ??
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Reimbursement of interest on loan by builder-taxability ??
Replies (1)
"Is interested reimbursement taxable in the hands of my client as income? Beigh reimursement its neither taxable, nor deductible u/s. 24b
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