Q. If the company has taken loan after formation from public who is not shareholder or director or relative and not given any advertisement what it will be treated? Please send me in details.
GOPAL KUMAR AGRAWAL (PARTNER) (205 Points)
06 June 2009
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 10 June 2009
It will be treated as a public deposit u/s 58A
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
CAclubindia
