Tuesday, May 14, 2013

Income-tax Ombudsman - Know All; Go to>


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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