Unsecured Loan
This query is : Open
31 March 2010
Hi everyone
If a X pvt. ltd. takes an unsecured loan [without interest]from another Y pvt. ltd. then...
Can X pvt. ltd. paid some amount by Cash ?
What is the procedure if x pvt. ltd. didn't pay unsecured loan till 31st march ?
Thanks in advance
cheers
Mukesh Kumar
Delhi
If a X pvt. ltd. takes an unsecured loan [without interest]from another Y pvt. ltd. then...
Can X pvt. ltd. paid some amount by Cash ?
What is the procedure if x pvt. ltd. didn't pay unsecured loan till 31st march ?
Thanks in advance
cheers
Mukesh Kumar
Delhi
31 March 2010
Yes X Ltd. can pay some amount by cash.(But should keep in mind Income tax provision.) There is no procedure if unsecured loan is pending on 31st March, you have to show it in Unsecured loan.
31 March 2010
Thanks for reply...
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
- TDS 194-T applicability
- Tds on commission charges
- Applicability of GST on Salary Reimbursement Component
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- FAST-DS Scheme - Foreign Assets
- Regarding Applicability of Tax Audit u/s 44AB
- Dep. as per companies act
- TDS on TRUST
- Salary from Qatar in Dollars in India
- CHECK RELATED
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
Quick Links
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
CCI
Pro
CAclubindia
