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Restriction for providing Loan

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(Querist)
29 December 2009 Is there any restriction or prohibition for an individual or firm or company for providing loan in cash?.. If so mention the section..
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Tarun Gupta

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Tarun Gupta (Expert)
29 December 2009 i thing there is a disallowance under section 40A(3)under IT act
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**KK**

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**KK** (Querist)
30 December 2009 Thanks Tarun.. But it is not an expense i am asking about Loan..
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