Interest free loan
This query is : Resolved
03 May 2012
What is the tax implication when an eployeor give his employee a interest free laon for more than 50,000.00
If it taxable than in which section it ts taxable
If it taxable than in which section it ts taxable
03 May 2012
IT IS NOT TAXABLE IT IS A LOAN NOT AN INCOME.
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