company law and income tax
This query is : Resolved
nidhi marothia
(Querist)
27 August 2009
whether a public limited company give interest free loan to another public limited company which is in preconstruction stage and they are having two or more commom directors
Ankur Garg
(Expert)
30 August 2009
Hi,
such type of Loan transaction is not advisable. As it may create some future problems.
Regards
such type of Loan transaction is not advisable. As it may create some future problems.
Regards
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