Loan to LLP

    Posted By : CS Gaurav / Published on : 08-Feb-2018 10:15 AM / View : 195 / Comment : 2
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    Dear Members, Can a Partner of LLP provides interest free loan to LLP?? Kindly advice
    Read more on : loan

    • There will be no issue in case of LLP if partner gives interest free loan to LLP.

      However, if Partner himself has taken any interest bearing loan, then disallowance u/s 14a of Income Tax Act will be attracted in case of Partner.

       

      16-04-2018 / 03:30:11 PM
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