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

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