Loan to trust


(Querist)
14 May 2019
Can a Trustee give Loan to his Trust and received back after some time.

Pls Suggest...


CA Rashmi Gandhi (Expert)
15 May 2019
Yes you can give

Shankit Sharma (Expert)
15 May 2019
Dear Sir
Yes a Trustee give Loan to his Trust but the interest rate should not exceed the fair market rate.

Regards
CA Shankit Sharma
Mob. no. - +91-9079367736


You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :






×
close
CA Learning
Online GST Class    |    x