17 June 2013
Unless the business income & House property income , no other income has the facility to claim the interest on loan as deduction. so even you are sold the land, the interest paid on the loan is not eligible to claim in any income
18 June 2013
Any expenses which is related to the particular income can be claimed. if you can justify the A.O, interest paid against agriculture loan is you business expenses, then you can claim
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