Help Please...

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I wanted to purchase a flat from my friend A. Mr.A is also purchasing a flat and was in need of funds. I managed some funds(10) from another source. It was deposited into my account in my absence.
forcing me to give Mr.A 3cheques.
Now, I am applying for Bank loan for the flat from friend A.
My friend Mr.X cannot disclose his source. Since I am a Govt Servant, I just want to know the treatment of 10 and how to deal with it.

Replies (1)

As a government servant you cannot disclose the source. Even if you show that you have taken a loan, you need to give intimation to the government, which you cannot do. This is a bad transaction on your part.

The best way to deal with it is just to forget it.


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