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This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 November 2012
what are the precaution to be taken by a partnership firm while accepting loan ?
14 November 2012
The following precaution is to be taken
1) The loan giver is not a criminal
2) The loan is not out of borrowed funds of the loaner
3) Loaner should be a Income Tax Payee
4) Take the copy of PAN Card
5) Keep the photo copy of the cheque
6) After taking the loan keep the photo copy of I T Return and Balance Sheet etc.
1) The loan giver is not a criminal
2) The loan is not out of borrowed funds of the loaner
3) Loaner should be a Income Tax Payee
4) Take the copy of PAN Card
5) Keep the photo copy of the cheque
6) After taking the loan keep the photo copy of I T Return and Balance Sheet etc.
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