Car loan from parents interest free

Hi, Please let me know:

Can I take interest free car loan from parents.

And do we need to show the same anywhere in income tax form??

Thanks

Replies (3)
Quick Summary
This discussion explores the possibility of receiving an interest-free car loan from parents. Participants confirm that taking funds from family for a car purchase, even without interest, is generally permissible. The conversation also touches upon whether such transactions need to be declared on income tax forms.

You mean amount received from parent and buy car.
right...??!
Taking amount from parents for interest free is very much allowed
It's not a loan from blood relation.

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