Please Help: Allotment of shares against unsecured loan
Posted Date : 05-Jan-2013 , 06:27:11 pm | Posted By: Dilbagh
Category :
Income Tax | Answers :
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can shares be issued against the unsecured loan amount?? will it contravention of Sec.269SS? |
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Answer by: CA Satuti Mahajan |
no
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Posted By : Dilbagh |
05-Jan-2013, 06:42:14 |
its not Sec.269SS but Sec.269T |
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