Can a charitable society give unsecured loan to a a NGO for running its operations?
CA Goutam Sharma
(Chartered Accountant in Practice)
(468 Points)
Replied 18 December 2012
yes , no bar with that, can advance loan
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
