Loan & advances
This query is : Resolved
05 September 2009
sir,
The company as given loan to directors and in the next financial year it has been deducted from salary it is allow able.
The company as given loan to directors and in the next financial year it has been deducted from salary it is allow able.
05 September 2009
You first think whether loan was against salary or not.
05 September 2009
yes allowable
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