Transfer of loan
Diviyesh Kakkad (10 Points)
17 August 2021
can we transfer an amount of loan to a person after taking the loan from another person?
2 Replies
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 18 August 2021
Yes. There is no restriction. Ofcourse practically,you have to prove the identity and creditworthiness of the persons and genuineness of the transaction.
Regards
CA. Raj Doshi
Regards
CA. Raj Doshi
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 18 August 2021
Yes it can be transferred
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