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Unsecured loans

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Querist : Anonymous

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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 ?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
26 September 2014 transfer it to your capital account....
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Rupesh Jain

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Rupesh Jain (Expert)
07 October 2014 you can tfr in your capital a/c
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