Please can anybody share the exact procedure and compliance to be made by the private limited company for accepting loans from shareholders.
Mandar
(Associate)
(561 Points)
Replied 15 June 2016
Kindly note provision of Section 73(2) (a) to (e) are not applicable to Private Limited Company pursuant to notifiaction dated June 5 2015 , if accpected from members monies not exceeding one hundred per cent of aggregate of the paid up share capital and free reserves.
Procedure :
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
