loan from directors
Ankit Agarwal (Student) (86 Points)
29 October 2017
can a company take loan from directors at 0% rate of interest?
3 Replies
Madhwesh K
(272 Points)
Replied 29 October 2017
under company law, there is no condition on interest rate for loan taken from director.. however, implication in income tax laws v has to be checked..
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