Menu
REGARDING UNSECURED LOAN AND INTEREST
IN BUSINESS UNSECURED LOAN ANY LIMIT AND TAKEN UNSECURED LOAN SO HOWMANY AMOUNT PAY INTEREST.
Replies (7)
Kamalesh
pls mention how much loan u want to take?
pls mention the nature of organization.
pls mention how much loan u want to take?
pls mention the nature of organization.
SIR MY QUESTION IS HOW MUCH LOAN TAKEN IN RULES AND HOWMUCH PAY INTEREST AS PER RULES
1. There is no rule for limit with respect to the loan amount.
2. It depends on the nature of the business you are doing.
3. And interest rates are based on banks and normally unsecured loans carry a high rate of interest.
Please correct me if the above solution has an alternative view.
SIR INTEREST IS COMPALSARY PAID OR NOT
1. Of course, without payment of interest which bank will provide a loan.
LOANS ARE GENERALLY SANCTIONED ON THE BASIS OF CIBIL RATING.
IF THE CREDIT SCORE IS FAVOURABLE LOANS ARE SANCTIONED.
INTEREST IS A DEDUCTIBLE EXPENDITURE FOR PERSONS in business and profession.
IF THE CREDIT SCORE IS FAVOURABLE LOANS ARE SANCTIONED.
INTEREST IS A DEDUCTIBLE EXPENDITURE FOR PERSONS in business and profession.
Sabyasachi any advantage in replying in capital words ?? You may let know.....
Recent Topics :
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
- Best CA Inter classes in Laxmi Nagar for Group 1?
- Gst refund
Related Topics :
CAclubindia
