Personal loans, Aug. 14 -- Bollywood actor Shilpa Shetty and husband Raj Kundra are embroiled in a fresh row after a police complaint was filed against them for allegedly duping a businessman of Rs.60.4 crore.
What is interesting is that it was a loan that the company, Best Deal TV, run by the Shetty-Kundra duo, raised but was shown as an investment.
Well, if you are wondering how an investment can be shown as a loan or vice versa, then remember that it is typically done to save taxes, among other reasons specific to the company or the lender-borrower agreement.
An investment can, in fact, be shown as a business loan or personal loan in various scenarios:
a) Plain loan: It can be a plain vanilla loan where there is a fixed repayment s...
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