Trading using personal loan

HI SUMIT,

                  IF YOU ARE DOING TRADING IN UR INDIVISUAL CAPACITY THEN YES YOU CAN DO  WITH USEING YOUR LOAN MONEY IN PERSONAL CAPACITY.

AND IN 2ND Q: YES YOU CAN LENT YOUR MONEY TO YOUR WIFE AND CHARGE INTEREST THEIR ON TOO. AFTER THEN TRANSACTION  INTEREST WHICH CHARGE ON YOU BY BANK WILL BE COMPENSATE BY INTEREST RECEIVED FROM YOUR WIFE.

The second case must be deal after satisfying the provisions specified u/s 269 SS.

i.e Persons shall not accept any loan or deposit otherwise by account payee cheque/demand draft , where the aggregate of such loan and deposits exceeds Rs 20000