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Querist : Anonymous

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Querist : Anonymous (Querist)
12 September 2010 respected,

i want ask if m doing business n is it posible for me take cash lone Rs. 350000 from my relative or from any other person.
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CA.Pujah

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CA.Pujah (Expert)
13 September 2010 It is advisable to take the loan by crossed cheque. Apart from that if scrutinized u need to prove below:
1) certain identity of the person giving loan, i.e., his PAN & Address
2) His willingness & most important his capability to give u loan
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