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Loan to directors

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28 June 2015 if a co incurs an expense on behalf of directors and show it As advance to directors is it is permissible u/s 185
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Ankur Garg

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Ankur Garg (Expert)
02 July 2015 No. The same is not permissible u/s 185 and the same may be objected by Auditor as violation of section 185.


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