Interest free loan given
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 May 2015
can wife given a interest free loan to her family like husband, father in law. and how much amount ?
12 May 2015
It can be only given if following conditions are satisfied :
(1) it is in personal capacity. None fo them is running any business or services
(2) Cost of such fund is Zero.
(3) Source of Fund is legally justifiable.
(1) it is in personal capacity. None fo them is running any business or services
(2) Cost of such fund is Zero.
(3) Source of Fund is legally justifiable.
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