Dear Sir,
We have provide a loan to my company to sister concirne company so what is the percentge of this loan amount?
Regards,
Priyanshu
3 Replies
Sameer
(EXPERT)
(173 Points)
Replied 01 May 2012
SHOULD NOT BE LESS THAN MARKET RATE OF INTEREST,THOUGH ITS A PERSONAL MAtter,but for income tax purpose better for go with market rate(usually sbi rate)
Sameer
(EXPERT)
(173 Points)
Replied 01 May 2012
SHOULD NOT BE LESS THAN MARKET RATE OF INTEREST,THOUGH ITS A PERSONAL MAtter,but for income tax purpose better for go with market rate(usually sbi rate)
Recent Topics
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
Related Threads
CAclubindia
