Every loan or bank interest for non-tading purpose should be taken into consideration in CIT, does it mean:purpose whether trading or non-trading is not a restriction for calculation in CIT? It is ok whether purpose is trading or not.
Interest payable does indeed achieve tax relief on the CT computation it is just a question of where! Interest payable on a trading loan is deducted in deriving the trading income assessment whereas interest payable on a non trading loan is deducted from interest receivable.