15 May 2010
"This is the second time, I'm making the same query,, I would be thankful to all the peoples who make a reply for me.... PLEASE......
An individual is having a PROPRIETORSHIP firm.... Can he take loan in his firm from his own HUF? Proprietor of the firm and karta of HUF being the same? To be specific,won't the "AO", disallow such loan entries
CAclubindia
