Interest paid against property

This query is : Resolved 
Quick Summary
This discussion explores how to classify interest paid on loans taken out for property. The key consideration is whether the property is used for business purposes, as this will determine if the interest should be treated as a revenue expense or another type of financial treatment.

Profile Image

Profile Image

(Querist)
14 March 2025 Interest paid against loan taken property,
whether should be treated as revenue expenses .
or may be another treatment.
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
14 March 2025 What is the nature of property? whether used for any business purpose?
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
04 October 2025 Good luck...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Selvaraj KSelvaraj KPro Member Amit SinghAmit SinghPro Member Ashish NerlekarAshish NerlekarPro Member RAVI GUPTARAVI GUPTAPro Member N SelvarajN Selvaraj
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category




Follow