Tax Related


I want to purchase a resale flat costing is 25 Lakh in which i also applied for 15 L Loan and rest amount i will pay through cash . This rest of amount i am taking from someone so i want to know what will happen in case some one transfer 15 lakhs in my account . another queries is can i take this money in my salary account .


Don’t take it to salary account. If you have saving account then take it there. You can always show it as a loan from individual and you can repay it.