Hi,
Can a partnership firm or pvt company can take or give loans from or to known persons or their business for working capital without interest and repaying later. What provisions will attract for this transaction.
Menu
Loans taken or given for business
Replies (1)
You have absolute liberty to aquire such unsecured finances from third parties. No tax acts mentioned https://www.businesstoday.in/magazine/savings/story/caution-before-lending-money-to-family-member-or-friends
Recent Topics :
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
Related Topics :
CAclubindia
