Explanation of "Interest on Loan Upto 20%": Concept: When you earn dividend income from investments and those investments are financed by a loan, you can deduct the interest paid on that loan from the dividend income. However, there is a limit to this deduction. The maximum amount of interest you can deduct is restricted to 20% of the dividend income. This means you can only claim interest on a loan up to 20% of the total dividend income received.
More easy manner: If a loan is taken to purchase shares for which interest is paid, then such interest is deductable, in the following manner: The lower of, Actual Int Paid and 20% of div Income
Explanation of "Interest on Loan Upto 20%":
Concept:
When you earn dividend income from investments and those investments are financed by a loan, you can deduct the interest paid on that loan from the dividend income. However, there is a limit to this deduction.
The maximum amount of interest you can deduct is restricted to 20% of the dividend income. This means you can only claim interest on a loan up to 20% of the total dividend income received.
More easy manner:
If a loan is taken to purchase shares for which interest is paid, then such interest is deductable, in the following manner:
The lower of,
Actual Int Paid
and
20% of div Income
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Sir please give idea about theory subject questions
sir agar relative ne cash diya to kya vo taxable hoga?
Good evening sir
Sir paper presentation ki uper video banayi na
Sir per real me cash gift pe tax kaise lete hai 😅
Sir income from the House Property var video creat karo.
Gift from friends exempt hota hai?
Nope Taxable hein
Sir video pe GST mat lagao sir 🥺kam se kam 5..10 video to dedo sir
Aapke dam pe pass hona hai
Bas 2 hi videos he ? 😢😢😢😢