Loan from family sources
This query is : Resolved
Quick Summary
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.
Dhirajlal Rambhia
(Expert)
12 March 2025
A confirmation letter from the loaner as and when any query raised by any authority.
Dhirajlal Rambhia
(Expert)
13 March 2025
You are welcome.
Dhirajlal Rambhia
(Expert)
04 October 2025
Good luck...
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