A individual taken Unsecured Loan
form relative for Investment of Equity Share In Pvt company
Now Can he Transfer Equity Share for settled Unsecured Loan taken from relative?
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Unsecured Loan Ra-Payment Other than Bank nd Cash
Replies (5)
Doubt in Section 269T of Income TaxAct
loans can be obtained or repaid other than account payee cheque or account payee dd will attract 269ss and 269T. however there are certain exceptions and your case falls in that. so you can transfer shares in lieu of unsecured loans
thanks sir by needs legal verdict support
or any specifications for Justification of that
or any specifications for Justification of that
thanks Sir
however I need specifications or Legal verdict Support
however I need specifications or Legal verdict Support
refer income tax rules 6DD
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