Question:Why can a borrower not deduct loan repayments from their income when calculating taxes? 

A Because there is no precedent allowing it 
B Because the lender will be deducting them on their side 
C Because they were not taxed on the proceeds of the loan, they can not deduct repayments either 
D Because it is unfair to the borrowers 

+ Answer
A 

+ Explanation
Answer not sure

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Md. Habib Ullah

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