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  1. Goldigger

    Trading, Borrowed money, Tax deductions

    I have just sold an IP in which the proceeds could be used to fund my trading account. I could re pay the initial amount borrowed that has been used for trading and just use the remainder of the proceeds from the IP but that would'nt be tax deductible. Therefore I would prefer to still use the...
  2. Goldigger

    Trading, Borrowed money, Tax deductions

    Hi, I know you can borrow against your home loan & then claim a tax deduction on the interest charged on the borrowed amount that is used to trade the share market. However, can you continue to claim a tax deduction on this borrowed amount if you were to put the exact same amount (proceeds...
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