Please Help: Allotment of shares against unsecured loan
Posted Date : 05-Jan-2013 , 06:27:11 pm | Posted By Dilbagh
can shares be issued against the unsecured loan amount?? will it contravention of Sec.269SS?
Category : Income Tax | Answers : 1 | Comments : 1 | Hits : 263
Answers
Answer By: CA Satuti Mahajan
no


Comments
Dilbagh
05-Jan-2013 , 06:42:14 pmits not Sec.269SS but Sec.269T