Is there any format for declaration for loan from director to a company?
Can declaration be taken prior to giving loan, if yes wil the declaration state.. I shall be lending the money?
Is date and place necessary in such declaration ?
Menu
Declaration for loan fron directors
Replies (4)
No specific format required.. Only have to mention that the loan given is out of the saving and income earned and not by taking loan from others
Just 2 liner declaration that, This money is from his own fund.
1. Declaration shall be given before giving loan.
2. Practically date should be there on declaration.
Recent Topic
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
Related Topics
CAclubindia
