SG
15th
Income Tax Ombudsman – All you want to know
Cross refer: Previous Blogs - on RBI Banking Ombudsman, Press Ombudsman (e.g. @BL) so on...
Comment posted>
Home loan pre-payment fees are eligible for tax benefits
The tax deductibility of foreclosure charges favourably considered /decided. What must necessarily follow, and ought to ber accepted is, that, by the same token of logic, any foreclosure 'charge or penaly', by whatever name called, levied by a bank on premature closing of accounts such as, Term Depoits/ FDs should for more reason, be tax deductible.
Cross Refer: Previous Blogs on this very topic.
15th
Income Tax Ombudsman – All you want to know
Cross refer: Previous Blogs - on RBI Banking Ombudsman, Press Ombudsman (e.g. @BL) so on...
Comment posted>
Home loan pre-payment fees are eligible for tax benefits
The tax deductibility of foreclosure charges favourably considered /decided. What must necessarily follow, and ought to ber accepted is, that, by the same token of logic, any foreclosure 'charge or penaly', by whatever name called, levied by a bank on premature closing of accounts such as, Term Depoits/ FDs should for more reason, be tax deductible.
Cross Refer: Previous Blogs on this very topic.
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