interest expenses

1. Paid on bank overdrafts (unsecured)

DEDUCTIBLE. It is the company expenses.
2. Hire purchase interest on acquisition of machinery
DEDUCTIBLE. It is the company expenses.
3. paid on a bank loan which was secured by a bank deposit of a director
NON-DEDUCTIBLE. It is not the company expenses.
4. interest paid on loan from an associated company in hong kong
NON-DEDUCTIBLE . It is not the company expenses.