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Personal loan for buying home loan

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(Querist)
19 March 2015 Hi,
I am purchasing home by taking personal loan, is there will be any enquiry from IT deptatment about personal loan disbursement big amount (30lacs) in my account..
Regards,
Uday
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CA Devanand Jethanandani

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CA Devanand Jethanandani (Expert)
19 March 2015 According to my view there will not be any issue / inquiry from IT dept.

It is only when you are investing from your own sources there can be inquiry from the dept.

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