tax deduction on business loan
This query is : Resolved
28 April 2011
On this web site only i read some where that if i pay interest to a bank on business loan i can claim deduction for the interest component.
1. if i take business loan from bank and do share trading business can i claim the deduction.
2. Is there any bank which provides loan for share trading
1. if i take business loan from bank and do share trading business can i claim the deduction.
2. Is there any bank which provides loan for share trading
28 April 2011
if YOU take business loan from bank and do share trading business then u can claim the deduction.
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