Budget 2019: Here's what P2P lenders expect from the finance minister
Updated : January 30, 2019 02:57 PM IST
Investments made in peer-to-peer lending can be placed under Section 80C of Income Tax law, which will help both the lender as well as the borrower in saving taxes.
Peer-to-peer lenders lenders are of the opinion that, if P2P is already considered as a source of investment, losses suffered should be considered as capital loss when filing income tax.
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