unsecured loan from company...
This query is : Resolved
25 January 2010
Can Private company take unsecured loan from the other private company..? Both companies are not connected ya related each other in any manner i.e they don't have common director. etc.
25 January 2010
yeh they can take
25 January 2010
yes
26 January 2010
YES
You may go ahead as section 372A also not applicable to your case if your co. is a purely a pvt. co.
But when u pass board resolution do not forget to mention section 292(1)(e).
Regards
You may go ahead as section 372A also not applicable to your case if your co. is a purely a pvt. co.
But when u pass board resolution do not forget to mention section 292(1)(e).
Regards
26 January 2010
thanks
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
- Registry of flat in 3 names
- Taxability with reference to DTAA
- TDS on Bank charges to company
- TDS on payment of Event fees to foreign Party
- Capital Gain on sale of Listed Equity Shares
- Forms to be file after INC 20A
- DIR 12 for appointment and resignation
- Regarding TDS 194Q w.e.f 1 April 2025
- STCG on equity shares/ETF-sundeep
- PF Withdrawal Reporting in ITR
- House Property - Rental Income of HUF
- E invoice generation using offline tool
- Does non filing of income tax return considered as opting out of 44AD
- Salary JV Entry
- Coparcener loan to HUF
- Delayed payment of GST on RCM basis renting of property
- Recovery of gst
- 264 Petition
- Invoice raised in March and Stock Received In April which date important
- Outside doctors fee in P&l Account
Trending Online Classes
CAclubindia
