Director salary and loan

This query is : Resolved 

02 December 2010 I am the Director of one pvt.ltd co. and company is giving me a salary. Will I give Loan to my company in which I am director?

02 December 2010 Yes you can give loan on interest to the company in which you are a director.
No problem with that.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query