Sir, I am presently working as an Executive in a Nationalized Bank. I am planning to sumit my VRS shortly. My housing Loan liability is still outstanding with current liability Rs.24.00 lacs. Whether I should close he liability with the terminal benifits or to continue the liability so that I can get some tax benefits on the Interest paid on the HL.
From India, Malappuram
From India, Malappuram
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
How to reduce tax on your Retirement Benefits.docx
Circular No 1-2018 Processing of income-tax returns under section 143(1) of the Income-tax Act .pdf