can we give interest free loan where as we take loan on interest?
if yes, In what condition
3 Replies
Deepak Tapse
(Accounts Manager - Taxation)
(1771 Points)
Replied 24 January 2014
Proportion Interest will be disallowed if you give interest free loan
mohit nahata
(Student)
(141 Points)
Replied 24 January 2014
Can AO believe that we gave interest free loan after take loan on interest
mohit nahata
(Student)
(141 Points)
Replied 24 January 2014
Can AO believe that we gave interest free loan after take loan on interest
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