Gold loan , personal loan

mohammad tarique sohail (accountant) (195 Points)

25 July 2023  
hi all,
1) I have taken a gold loan from bank which is my mother and wife assets. This one has been given to me for taking a loan. To engage in business. Will return after repaying the loan.Will show gold loan in liability. Gold cannot be shown in assets because it is not mine. So what should we do a gift show?
2) taken 1 personal loan also.mutual fund purchases not sale.

can I fill ITR 4.

pls guide me