Deposit by company

Others 406 views 2 replies

respected members,

please update me considering the fact of  "deposit given by comnpany to director against security of land"..???

Replies (2)

It will be considered as loan to director and section 295 has to comply.

 

However, if you do not want to show it as a loan there possible recorses are also available.

agreee with above


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register