Rate of interest charged on loan amount


This query is : Resolved 

06 July 2023 Sir,
Individual status it person cash loan received rs:20 lacs from assessess huf status.
Question:
Assessess rate of interest charged on loan amount.

07 July 2023 HUF can give interest free loan to its individual members. Or it can disperse as per bank interest rate that may be decided by the members.


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