Legal Question in Credit and Debt Law in India

hi

if i get money as from momey of my friends and mainting a database and i will be repaying it after 5 years , whether i should pay tax ?


Asked on 8/14/12, 5:05 am

1 Answer from Attorneys
Santosh Goswami,Advocate sure shot legal

No. Show it as personal transaction.

Read more
Answered on 8/15/12, 11:20 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in India