type of income
anchal keshari (CS) (60 Points)
29 October 2017
if loan is taken in foreign for doing business in india..which kind of income is denote: indian or foreign..
3 Replies
PRIYARANJAN SUTAR
(Student CA FINAL)
(41 Points)
Replied 29 October 2017
loan taken it is not an income
Ashiwini Ballodia
(Managing Partner at TAXounting)
(8737 Points)
Replied 29 October 2017
Agree with the reply of my Dear Friend
Loan cannot be classified as loan rather it to shown as Secured/Unsecured Loan
Loan cannot be classified as loan rather it to shown as Secured/Unsecured Loan
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