Gift or unsecured loan?

CA RUSHABH GANDHI (CA) (212 Points)

14 October 2012  

hello!!!!! we have proprietorship whole business of grains...we have to purchase a house of rs.25 lacs for residential purpose in my mothers name for which my father will give money to my mother...so whether to give as a gift or unsecured loan which is better? if we give loan the question of repayment arise...