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Q. > Please Help: if pvt company take loan from his director interest rate allowed on such loan
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211 views • Question added Mar 16, 2013 • Income Tax • By vikas , CA , jaipur


if pvt company take loan from his director interest rate allowed on such loan

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vikas

16-Mar-2013 , 03:16:00 pm

plz frnds help me out........

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vikas

16-Mar-2013 , 03:16:17 pm

plz frnds help me out........

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vikas

16-Mar-2013 , 03:28:22 pm

plz frnds help me out........

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Surendra Singh Chouhan

16-Mar-2013 , 04:17:55 pm

yes. this interest will be allowed but this transaction should be based on arm's length price.

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