Gift be converted to loan

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So I took a 10 lac rupees gift from my sister in 2016 by executing an unregistered gift deed and reported in income tax accordingly. 

Now I need to pay her back and since I have income tax problems demand in appeal. 

Can I convert that gift deed back into loan and pay her back the loan? 

Replies (4)
Gift can be registered and unregistered.
No.. you cannot. but there might be other ways to manage this.
Sir your problem need to be solved by personally understanding the reason of your demand. I DM you my contact details, discuss with me for clarification
Gift can be converted , MESSAGE ME DERAILS


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