Loan to trust


This query is : Resolved 

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

Pls Suggest...

15 May 2019 Yes you can give

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


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