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...
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