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Documentory proof for unsecured loan

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(Querist)
28 December 2016 We decided to take unsecured loan from a business concern.
What are the documents to be kept by us to prove that it is not our income but only a loan(for the income tax purpose) ?
Whether loan agreement is required.if yes what are the steps for the agreement drafting ?
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ASHWANI DHANUKA

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ASHWANI DHANUKA (Expert)
28 December 2016 For Income Tax Purpose:
Obtain Loan Confirmation from the concern from whom the UL has been taken.
Agreement is not mandatory. (Not recommended too)
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