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Unsecured loan to other company
can any partnership firm give loan to company ??
partners & directors are same in both.
Replies (3)
A firm can advance loan to a company with common control and interest provided rate of interesr and tds notms are followed. The restricton was for companies advancing loan under The Companies Act 2013.
Yes But subject to intrest & TDS
Hiw much interest rate should be charged?
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