Commercial vehicles loan

i purchase tempo for business and pay emi with interest can we claim interest expenses in profit loss
Replies (3)
Quick Summary
If you've purchased a commercial vehicle, such as a tempo, for your business and are paying EMIs with interest, you can indeed claim these interest expenses. The interest paid on a loan taken specifically for a business-use vehicle is tax-deductible and can be claimed against your business profits.

Yes, you may do so.          

Yes u can claim interest on loan which is taken for purchase of vehicle used for business use ....
Yes you can claim

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details