I have taken loan to buy shares. can i capitalise ineterst paid on loan in the acquisition cost of the shares? please note that i will show profit has capital gain and not business profit.
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177886 Points)
Replied 29 August 2024
No. Not allowed for capital investment.
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