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In this computation of interest subsidy, shouldn't we account for tax benefit lost due to less interest paid, i.e. instead of 3 lakhs of subsidy 3(1-0.35) ?
Answers (1)
Firstly pls share the question number always - will revert faster The formula itself is defined as pre tax value of int subsidies disc at pre tax disc rate pls check page 10.4 https://resource.cdn.icai.org/67848bos54415-cp10.pdf
