Unsecured loans
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 September 2014
I had taken loan from father and my bhabhi of Rs. 5.00 lac each during the year 2006-2007. Both have expired now and no one is asking for refund of the loan. And in future also, there is no chance that any one will demand the refund of the loan. Now, how should I adjust the said loan in my account ?
Nikhil Kaushik
(Expert)
26 September 2014
transfer it to your capital account....
Rupesh Jain
(Expert)
07 October 2014
you can tfr in your capital a/c
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