Loan repayment in cash IT department

Raj66 (DIR) (54 Points)

15 January 2024  

Hello..

Few years back I have taken some loan amount in cash from a family friend. Now with interest it's been 15 Lakhs+. He is asking me to pay only in cash. He is not accepting cheque or online transfer.

Are any complications paying in cash(from IT dept) for me to paying that person in cash?

Please suggest me: