Clarification - Inter Company Loans and advances

[Hanumanthaiah D.T]

I want clafication of Inter Company Loans and advances of the companies / Income Tax act

[DEV KUMAR KOTHARI]

Please try to raise query in specific manner. Otherwise, the subject being very vast, it is very difficult to discuss and submit view.

AI Summary

Inter-company loans need specific factual framing for clear income tax treatment and targeted guidance. Inter-company loans and advances under the Income Tax Act are presented as a general clarification request; the respondent advises that the subject is too broad to address without a specifically framed query and that tax analysis depends on precise factual and transactional details.