The Assessee (Indiavidual) had Paid a Interest on Unsecured Loan. Unsecured Loan obtain was invensted in Private Limited Co. in which the Asseesse is the Director / Shareholder as Loans And Advances for Business Purpose
Give the Advise on the Interest Paid on Loan
Can Assessee Claim Such Interest under IFOB as Negative Income and
Can he Set off this Loss Against his other Income