Cash given as a loan without intrest

Dear sir,
I have withdraw cash from account and given loan as without intrest now I m get ing back by cheque. is there any issue?

best regards
Ashish
Replies (3)
Quick Summary
This discussion addresses the legality and tax implications of providing cash loans without interest. The user inquired about potential issues after receiving a loan repayment via cheque, having initially withdrawn cash from their account. Other participants highlighted that cash loans are generally not permissible and receiving repayments by cheque for a cash loan could be problematic.

How much loan you given by cash
Hoe that can be possible???

you should not take it back by cheque.

Moreover, Cash loan is not allowed, either to give or take

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