i have a pvt ltd company
can i collect fund by unsecured to company
from an individual (cash or bank)
please elaborate your query , not clear .
4 Replies
sajeer k
(accounts officer)
(177 Points)
Replied 03 February 2019
can i collect loan from an individual by cash or bank
PUSHP KUMAR SAHU
(CA FINAL ASPIRANT)
(3115 Points)
Replied 03 February 2019
you cannot take cash loan in excess of 20000INR from any one as it is prohibited by section 269SS ...
Krishna
(Manager - Genesis Tax Consultant)
(531 Points)
Replied 04 February 2019
Yes, you can get a loan from an Individual through cheque or NEFT or IMPS or RTGS
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