Loan to wife to avoid clubbing
This query is : Resolved
14 March 2012
I want to give loan to my wife for starting business. To avoid clubbing Please tell me how do i make an loan agreement for this transaction what stamp paper do i need to buy and what deed(deed example or language) to be mention on the stamp paper.... Please help
thanks in advance
regards,
sunil
thanks in advance
regards,
sunil
14 March 2012
You just need to draft a simple loan agreement and set out all the terms and conditions.
Use a Rs. 100 stamp paper.
Use a Rs. 100 stamp paper.
Message likes :
1 times
14 March 2012
Experts please suggest do i need to notarised the agreement or just need her signatures....
thanks & regards,
sunil
thanks & regards,
sunil
15 March 2012
You need not notarise the agreement. It is sufficient if both the parties sign the agreement. Also obtain the signs of a witness.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- NRI starting business in India
- GST rate and HSN code for sale of racing horses
- Filling ITR - U
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
