27 November 2009
3 brothers have three firms each on proprietorsip basis. they want to purchase a property, (shortage of white fund) 2)can they from each firm give a gift of Rs. 25lac each, to one of their relative(sister,dad,son,wife etc.)and the relative would purchase the property. or 1)can they from each firm give a loan of Rs.25lac each to one of their relative(sister,dad,son,wife etc.) and the relative will draw a cheq of Rs.75laks for the property. later on the relative will pay back the money in installments. or any other safe and profitable way
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