Rate of interest
This query is : Resolved
Quick Summary
Kollipara Sundaraiah
(Querist)
17 April 2020
I.t. assess interest payment and received on un secured loans and cash debtors for minimum rate of interest in I.t. act.
05 May 2020
Your query is not clear. Please clearly explain the query.
Kollipara Sundaraiah
(Querist)
05 May 2020
Assess normal rate of precent interest on cash given and taken loans as per I.t. act
14 May 2020
There is nothing like minimum and maximum rate of interest for loan in cash or in any other cases. It is decided based on agreed terms with the other party.
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
- EPF ECR NEW FILE SEP 17TH 2026
- Gst registered proprietorship firm
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Capitalgain tax purposes for valuation report compulsory
- Non filing of I T Returns
- TAX AUDIT ON PROFESSIONAL INCOME
- TDS on purchase of under construction property from a reseller
- TDS on Fixed Assets purchased
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- SALARY CAN BE CAPITALIZE
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
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
