• Transactions & Dealings >> Interest & Insurance

    Question ID: 150Country: India

    Title: Can we use interest money from bank to pay income tax to government?

    Question: Assalamalaikum Can we use interest money from bank to pay income tax to government?

    Answer ID: 150Posted on: Sep 1, 2020

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 718=489/H)

     

    It is allowable to pay interest money in income tax. (for details see: Fatawa Mahmoodiah, vol 4)

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India