https://www.taxtmi.com/circulars?id=10994 The Law Ministry advised that deposits kept by one company with another qualify as loans and therefore the statutory provisions applicable to loans between companies are attracted to inter corporate deposits, a position informed by prior judicial authority. en-us Tue, 04 Jun 1985 00:00:00 +0530 Mon, 20 Jun 2011 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10994 The Law Ministry advised that deposits kept by one company with another qualify as loans and therefore the statutory provisions applicable to loans between companies are attracted to inter corporate deposits, a position informed by prior judicial authority. Circulars Companies Law Tue, 04 Jun 1985 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10994