i have two firm, both are under same proprietor,
i have unsecured loan in firm 2
can i pay interest on unsecured loan from firm 1
Menu
Interest on loan
Replies (3)
Yes as per me you can
but just maintain proper books of account regarding this for future calculation and reporting
but just maintain proper books of account regarding this for future calculation and reporting
You can pay through capital account adjustment s
Thanks
Recent Threads
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
- Share sale by promoter of public limited company
- Individual working for a firm to take sales orders
- BIN view site not working
- Settlement of advance by customer
Related Threads
CAclubindia
