Transactions & Dealings >> Interest & Insurance
Question ID: 150Country: India
Answer ID: 150
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