Loan from family sources
This query is : Resolved
12 March 2025
I am receiving a loan of thirty lakh rupees, all in white through bank transaction, from family resources for buying a property. What documents shall be needed for income tax authorities in case a query is raised in future.
12 March 2025
A confirmation letter from the loaner as and when any query raised by any authority.
13 March 2025
You are welcome.
04 October 2025
Good luck...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Cgst asmt - 10
- CAN a GSTIN registered under rule 14A opt for composition scheme without withdrawal from rule 14A ??
- RELATED TO ITR OF POLITICAL PARTY
- E-Invoice applicability related question
- Rejection of the application for the registration of a society in Andhra Pradesh state
- Charity work ISD
- Journal entry of TDS operative a/c dr (under withdrawal side of bank a/c)
- Reduce fine on my company
- Delisted shares
- Account records AI tool maintained question
- Fy 22-23 --> tyed more in gst 3b vs 2b, any interest?
- INCOME TAX QUERY FY25-26()\
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- GST ON PERSONAL MOTORCAR SOLD
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
