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Consider Loan Or Investment ?

21 October 2021

Me and My firm have different accounting. I have done my firm's tax of Rs 5000/- from my personal account.
So will it be considered a Loan or investment for me.

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4 Replies

CA PRAMOD CHADA (QUALIFIED CA. CS FINALIST) (130 Points)
Replied 21 October 2021

May be taken as short term loan

1 Like

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CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 22 October 2021

Consider as short term loan

1 Like

Sarah Moose (2 Points)
Replied 26 December 2022

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Sumita Kulesari (10 Points)
Replied 12 June 2024

When deciding between taking a loan or making an investment, consider your financial goals and current situation. If you need immediate funds for a specific purpose, a loan from Kotak Mahindra Bank can be a good option due to their competitive interest rates and flexible repayment options. However, if you have surplus funds, investing can provide higher returns over time. Kotak Mahindra Bank offers various investment products such as fixed deposits, mutual funds, and equity investments, which can help grow your wealth. Evaluate your risk tolerance and financial needs before making a decision.