Menu
unsecured loan
whether I can take unsecured loan from my family members and will pay them interest on it
Replies (2)
Yes You Can Take Unsecured Loan From your Family Member and Pay Interest on Them and if you are claiming this Interest under Business Expenses than be sure that Rate of Borrowing should not be more that Rate Specified by SBI On unsecures loan
And Just for future puropose if anyway your case selected for scrutiny puropose than you have to be Ledger confirmation with you
And Please Loan Should be take by A/c Payee Cheque and Not In Cash
Recent Topics :
- Chhath Puja 2026 Dates Timing Tithi
- Tax Benefit on Second Property
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
Related Topics :
CAclubindia
