Can we claim loan interest expense of f and o

F&O
1

can we claim loan interest expense of f and o.

Or can we deduct MTF Margin Interest as f & o expenses.

2

Hi @nakhwa.adil

If you take a loan for your trading business, you can claim interest on loan as deductible expense. There’s no prohibition as such. But make sure you have supporting documentation. You can consult your CA for further guidance on this.

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