Can any NRI Give loan to Pvt Ltd Company (its Urgent please)

Vivek Palande (Student) (60 Points)

05 April 2011  

Can any NRI (Who is not director of pvt ltd company) Gives loan to Pvt ltd Company. 

i wan to know the tax treatment  for NRI, if any Interest received by NRI on that loan.

and conditions or rules to be fulfill for given any loan to pvt ltd company by  NRI who is not director of company .