Dear Friends
The Companies Act 2013 with reference to "Loans to Directors" says that :
Ritzz (CA Final - Article ) (365 Points)
09 October 2013Dear Friends
The Companies Act 2013 with reference to "Loans to Directors" says that :
CA CS Roshan Begrajka
(Chartered Accountants)
(267 Points)
Replied 09 October 2013
loan given to MD/WTD is possible only when there is employer- employee relationship and also treat other employee of the company as same relationship without discrimination.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)