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Repaid the loan taken from Sachin for the marriage out of
the business.
state whether the the following transcation is business
transcation or non business transcation? with reson or
explaination?
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Answer Posted / manoj m nair
obviously its a non business transaction why because the loan have taken for personal use and paid the same from business and the owner and business are the two seperate entities
thanks for granting the opportunity share my knowledge
regards
manoj m nair
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