Tag Archive: tax benefit on business loans

  • The interest paid on the business loan is tax-deductible under Section 80C of the Income Tax Act of 1961. This means that the interest paid can be deducted as business expenses when filing income tax. Read along to know more about the tax benefits on business loans in India.

    Tax Benefits On Business Loans In India

    Synopsis: The interest paid on the business loan is tax-deductible under Section 80C of the Income Tax Act of 1961. This means that the interest paid can be deducted as business expenses when filing income tax. Read along to know... View Article

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