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Q. > Please Help: Invalid loan.
Is there any loan which will be treated as invalid loans have been reclassified as dividends ? Please suggest me.
3 Answers
answered Jul 05, 2012 by CA. SURESH Kr. AGARWAL , Delhi
Dear as per my knowledge there is no type of invalid loan. However there may be situation were a loan can be treated as invalid for the purpose only.
answered Jul 05, 2012 by Krishna Chandra Santi , Chennai
As per my knowledge that type of loan doesn't exist. It may get invalid for some purposes only. But no loan is invalid by its nature.
answered Jul 05, 2012 by Rambabu Senkarasetti , Guntur
Agree with above expert.
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