Menu
Loan disbursement
can a loan be given to a relative by an individual @ 0% interest for 6mths. if not what are the implications of doing so
Replies (2)
Yes, loan can be given to a relative at 0% for 6 months. If cheque is paid then it is better to prepare a loan agreement to show the nature of transaction.
thanks for the reply
Recent Threads
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
