Interest on Loan to Partners
This query is : Resolved
21 October 2010
If Loan given by Partners to Partnership firm whether intt paid by Partnership firm to its Partners is disallowed or not.
21 October 2010
Interest will not be disallowed if the rate of interest is at par with the bank rate.
21 October 2010
Agreed
01 November 2010
hi
interest will not be dissallowed if the rate of interest is at par with the bank rate or as per partnership deed
interest will not be dissallowed if the rate of interest is at par with the bank rate or as per partnership deed
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