01 June 2017
Sir/Maam, I have to give some amount to my two three friend which I borrowed from them in my sisters wedding. Total amount is around 3 Lacs. How can I re-pay then so that we all do not fetch any tax complication.
01 June 2017
But Maam is it ok to withdraw 3-4lacs from my account ? It will become an issue for me as well if any notice comes. How can I clarify them about these transactions.
Is there any other or can I show them as an expense etc ?
Expert :
Anonymous
Expert :
Anonymous
(Expert)
02 June 2017
You can't show it as an expense.Withdraw in part say 50000 in & give them.
Expert :
Anonymous
Expert :
Anonymous
(Expert)
02 June 2017
Try to make small payment not all payment at one time.