Army spokesman Major General Asif Ghafoor said the vehicle was targeted as it was moving along the Neelum river in Athmuqam town, 73 kilometres from Muzaffarabad in Pakistan-occupied Kashmir (PoK).
"The vehicle fell into the river and four soldiers were killed in the Line of Control (LoC) ceasefire violation," Ghafoor said.
The body of one soldier has been recovered while search for the other three is underway, he said.
Earlier, Ghafoor alleged at a press briefing that ceasefire violations by India along the LoC were the highest in 2017.
"There were 315 ceasefire violation by India in 2014, 248 in 2015, and 382 in 2016 while this year so far the number of such violations is 580," he alleged.
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