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Treatment of income

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11 February 2010 Income earned by the pvt ltd co.by way of loan foregone by the director of pvt ltd.


And
what is the treatment of Loan foregone by director in his personal account and tax return

plzz give the reply of the above transaction
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CA Amit Kumar Hallen

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CA Amit Kumar Hallen (Expert)
11 February 2010 In Director Book..Its Just A Drawing Nothing Else.........

Its A Sort of Income in Books Of PVT Co.

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