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Deduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 September 2012 if a person take a loan and he paid interst on loan, this loan is invest in shares.can this person get deduction in interest on loan
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Yajendra Adhikari

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Yajendra Adhikari (Expert)
21 September 2012 If the investing in the shares is the business/profession of the person, he can get deduction of the interest paid. otherwise not.

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