Income tax query

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Dear all, Can a director write off the loan given by him to a private limited company and vice versa? If so what will be the tax impact in his books of company and director . This loan has been given as working capital loan to company .
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Dear sir A.Y. 2020-2021 ITR-2 FEB 8 2021 tak bhi ITR PROCESSED nhi ho Pai hai... please help


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