Regarding 15g/h
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 April 2015
Sir,
I gave unsecured loan to my Uncle who is operating business and giving Interest annually. Should my uncle issue a 15G form on giving interest. His business turnover is below then 1 crore but he is auditing by CA.
I gave unsecured loan to my Uncle who is operating business and giving Interest annually. Should my uncle issue a 15G form on giving interest. His business turnover is below then 1 crore but he is auditing by CA.
06 April 2015
15G/H can be issued to only banks ( Though budget, 2015 has added some more provisions, but it yet to be applicable)
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 April 2015
Gaurav ji, you didn't understand my question, please read it again.
i asking about interest receiving on unsecured loan, not talking about bank's interest
i asking about interest receiving on unsecured loan, not talking about bank's interest
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- Legal heir raised refund , but refund issued to the closed account of deceased.
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
