Yes You Can Borrow Loan From Your Relative Without Interest. Just Once See The Defination of Relative As Per Income Tax Act
Agree with Mahul
You can take any amount as loan without paying interest from relative.
Clubbing provision also not apply in loan cases.....
Kindly refer the case of Shah Rukh Khan (King Khan), a famous actor of Bollywood, had given a loan of Rs. 2,28,88,530.00 to his wife Gauri Khan in A.Y. 2006-07. (Wealth Tax)
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