Hello, I have one question if any one can help me out. My wife is a Government Employee and she has re- paid a sum of around 40000 as a loan (All bank transactions) to her relative towards the Marriage expenses Loan (helping her dad towards financial Crunch). I know that there is no Provison in Salary for claiming this loan deduction unlike Business and profession where we have U/S 37 as a Joker Card.
Can this Case qualify for "Genuine Hardship to the Assesse and can be claimed as a special Order for dedcution from the Board.
CAclubindia
