CAN UNSECURED LOAN MORE THAN RS. 20000/ BE TAKEN THROUGH CREDIT/DEBIT CARD AND REPAID BY NEFT AND IF LENDER IS WIFE
2 Replies
Shivangi Garg
(Practicing Chartered Accountant)
(110 Points)
Replied 26 October 2016
yes
transactions above rs. 20,000 in cash are not allowed..
transactions above rs. 20,000 in cash are not allowed..
Shivangi Garg
(Practicing Chartered Accountant)
(110 Points)
Replied 26 October 2016
transactions with credit/debit card and neft are allowable since they are being done keeping bank as medium
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