PRIVATE LIMITED COMPANY GIVING LOAN OF ₹.50,00,000 TO AN INDIVIDUAL OUTSIDE THE ORGANIZATION
This query is : Resolved
12 August 2023
Sirs,
Can a Private Limited Comapny give loan of ₹.50 lacs to an individual outside the organisation and receive interest on that.
What will be the impact on income tax.
Thanks & Regards
Bharath
Can a Private Limited Comapny give loan of ₹.50 lacs to an individual outside the organisation and receive interest on that.
What will be the impact on income tax.
Thanks & Regards
Bharath
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