Hi, Please let me know:
Can I take interest free car loan from parents.
And do we need to show the same anywhere in income tax form??
Thanks
3 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 23 October 2023
You mean amount received from parent and buy car.
right...??!
right...??!
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 25 October 2023
Taking amount from parents for interest free is very much allowed
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