0

In last financial year, I have given hand loan of 2 Lakh rupees to my friend. I would like to show this in tax filling.

Which head/section of tax filling, I can use to show these details?

  • 1
    What do you mean by hand loan, are you saying in cash? Is the country India? – Dheer Aug 9 '19 at 0:50
  • why would a loan be of interest for tax filing? you don't get a tex reduction (or increase) for giving a loan?? – Aganju Aug 9 '19 at 12:46
  • Yes it is in cash and the country is India. I agree, I won't be getting tax reduction. But I want to be transparent and just wanted to show the amount, in tax filling. – Kamal Aug 9 '19 at 20:57

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.