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Documentation for loan taken from relative

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 February 2014 Dear Friends,

My client has purchased flat in 2009-10 but payment for the same has been made by his brother from his account.I want to show it show it as a loan from relative .please tell me what documentation is required for proving it as a loan to income tax department.

Thanks
C.A.Dinesh Kori

05 February 2014 Please read Section 269S before showing it as loan.



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