Please Help: INCOME TAX
Posted Date : 06-Feb-2013 , 04:16:19 pm | Posted By: TUSHAR
Category :
Income Tax | Answers :
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Comments :
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An assessee taken a loan against NSCertificate. Assessee repaid loan amount plus interest amount. If assessee deduct the interest amount and loan repayment amount, when filing the ITR. If yes, please provide details |
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Answers:
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 Answer by: CA Gaurav Kumar Agarwal |
| DEAR fRND,
yOUR qUESTION IS NOT PROPER PLZ UPDATE IT
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| Answer by: Mrattunjay |
| At the time of filling of ITR: it should not be deducted from income as not permissible for deduction.
If any other specific query please come again.
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| Comments |
| Posted By : Naga Rakesh |
08-Feb-2013, 11:33:52 |
| no deduction will be available to him in respect of principle or interest paid |
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