Interest free loan to wholly owned subsidiary company
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Deepa Aramani
Feb 17, 2020, 7:43:59 AM2/17/20
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Can holding company give interest free loan to its wholly owned subsidiary company?
Praveen Bajantri
Feb 18, 2020, 5:44:23 AM2/18/20
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The following table will give you clarity
On Mon, Feb 17, 2020 at 6:14 PM Deepa Aramani <darama...@gmail.com> wrote:
Can holding company give interest free loan to its wholly owned subsidiary company?
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Regards
Praveen
90366-21215
Parchuri Sanjay
Feb 18, 2020, 6:09:40 AM2/18/20
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As per section 186 interest to be charged. Sec 185 is exempted to Loan by Holding to WOS provided they are used for principal business activity. If your covered under any exemption under Sec 186 (11) then there should be no problem.
Regards
Sanjay
On Mon, Feb 17, 2020 at 6:14 PM Deepa Aramani <darama...@gmail.com> wrote:
Can holding company give interest free loan to its wholly owned subsidiary company?
Deepa Aramani
Feb 18, 2020, 7:59:59 AM2/18/20
to csmy...@googlegroups.com
Thank you
On 18 Feb 2020 4:39 p.m., "Parchuri Sanjay" <sanja...@gmail.com> wrote:
As per section 186 interest to be charged. Sec 185 is exempted to Loan by Holding to WOS provided they are used for principal business activity. If your covered under any exemption under Sec 186 (11) then there should be no problem.Regards
Sanjay
On Mon, Feb 17, 2020 at 6:14 PM Deepa Aramani <darama...@gmail.com> wrote:
Can holding company give interest free loan to its wholly owned subsidiary company?
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Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
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