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Car loan from parents interest free

Tax queries 428 views 3 replies
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1 Points Posted on 23 October 2023

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

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On 23 October 2023 at 09:07 Report
Replies (3)
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"Do the Right Thing...!!!"
128147 Points Posted on 23 October 2023
You mean amount received from parent and buy car.
right...??!
463 Reply
On 23 October 2023 at 09:56
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CFO- at NHTF
58280 Points Posted on 25 October 2023
Taking amount from parents for interest free is very much allowed
59 Reply
On 25 October 2023 at 05:01
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Profession Business
28207 Points Posted on 25 October 2023
It's not a loan from blood relation.
44 Reply
On 25 October 2023 at 06:33


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