17 July 2012
Can a salaried individual give unsecured loan to ANY concern...proprietership, partnership etc. Is there any tax implications.
Guest
Guest
(Expert)
17 July 2012
Consider the following points while giving loan: 1. Always give loan by a/c payee crossed cheque in case payment is more than Rs. 20000/-. 2. Obtain timely confirmation from lendors. 3. In case interest is received then check for applicability of TDS.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
17 July 2012
What about Interest free Unsecured loan?
CAclubindia
