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Thread: Computer loan

  1. #1
    Senior Member prasannakumar is on a distinguished road
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    Default Computer loan

    I would like to know whether the principal/interest of the computer loan availed from the department is exempted from IT. If so to what extent?

    Prasanna Kumar
    Last edited by prasannakumar; 27-12-2011 at 03:06 PM.

  2. #2
    Senior Member SASI is on a distinguished road
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    Repayment of Computer Loan is not exempt from Income Tax.

    sasi

  3. #3
    Senior Member RKPATHAK is an unknown quantity at this point
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    Default

    Repayment of compuer loan is not exempted

  4. #4
    Senior Member prasannakumar is on a distinguished road
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    Dear Mr. Pathakji and Sasiji,

    Thanks for the reply. Some of the officials here did not agree with this. My contention has been endorsed by you.

    Regards
    Prasanna Kumar

  5. #5
    Junior Member akroy is on a distinguished road
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    Default eligibility for computer loan

    anyone pls suggest

  6. #6
    Junior Member gtresures is on a distinguished road
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    Quote Originally Posted by prasannakumar View Post
    Dear Mr. Pathakji and Sasiji,

    Thanks for the reply. Some of the officials here did not agree with this. My contention has been endorsed by you.

    Regards
    Prasanna Kumar
    Sir you can ask them for the authority for their claim

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