less intreast from my income

i have a f/d and i take loan on the f/d given to realitve they give me intresst on said amount in which section the intreast is less in my income

asked Jun 17 '12 at 20:49 by manik jain 111

There won't be any tax deduction for this interest payment to bank for loan against fixed deposit.

answered Jun 19 '12 at 00:48 by Pankaj Batra 5.2k320


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Asked: Jun 17 '12 at 20:49

Seen: 1,443 times

Last updated: Jun 19 '12 at 00:48