Sir, can unsecure loan can be taken by one brother from another brother?i.e without interest free.

Which ITR you are filling? Because if there is no Balance sheet to be filled in ITR you cannot show it.

Sir, it is ITR4 and balance sheet is also availiable.I want to know from unsecure loan can be taken.Can unsecure loan be taken from brother.

You can take loan, and also show it in ITR4, only thing sometimes ITO add interest (deemed) in file of loaner brother, when its interest free.

Sir,

    So unsecured loan can be taken from any member of the family.And if can taken we have to deemed the interest as myself has not paid any interest to my brother.

You need not pay interest when its interest free loan from any relative of an individual; its ITO who sometimes make addition. So, if possible charge nominal bank interest, which can be even deducted as expense in lonee file.

Ok,

       Sir,

        An unsecure loan can be taken from any member of family or tere is any boundation.

It should be by Banking channel, cannot take by cash.

Loner should be able to explain its ligitimate source, whenever query arise.

Sir,

        thank you , so i have to take in cheque, but onces again want to make clear can one brother take loan from another brother.

Yes, no problem. Both of you should be maintaining the accounts, I hope.