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Is it possible to transfer partner unsecured loan to capital

This query is : Resolved 

29 October 2013 IS IT POSSIBLE TO TRANSFER PARTNER UNSECURED LOAN TO CAPITAL ACCOUNT

29 October 2013 yes it should be. I dont think there is any restriction against it.

Other experts may correct me if I am wrong.

23 September 2015 AO may add Interest Component u/s 41(1)

Regards,
CA Mehul Shah
mehul@raseshca.com
9723459572


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