WE HAVE RECD 6 LAKH FROM A RESIDENT IN OUR FIRM AS UNSECURED LOAN IN 2011. NOW WE HAVE TO PAY THIS AMOUNT. CAN WE PAY WITHOUT INT. PLS CONFIRM.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161002 Points)
Replied 19 May 2018
No problem as such to Borrower, but AO may add notional interest to Lender.
JAI BHOLA
(504 Points)
Replied 20 May 2018
CAclubindia
