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(Querist)
09 March 2018 If director of a pvt ltd company mortgaged his personal property and take a loan and then he invest it in share capital of pvt ltd company. Is this possible to invest in such a way? What is income tax implication on it?
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
09 March 2018 No Implication Income tax.

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