loan from directors

233 views 3 replies
can a company take loan from directors at 0% rate of interest?
Replies (3)
under company law, there is no condition on interest rate for loan taken from director.. however, implication in income tax laws v has to be checked..
thanks
yes, loan from director take interest free


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register