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IF MY DAD GIVES ME 1 LAC rs TO MY BANK a/c, THEN IF I PURCHASE MOTORBIKE WORTH 1 LAC rs IN INSTALMENT, WILL IT BE ANY PROBLEM IN MY TAX. I DONT HAVE PAN CARD.  

Asked in Law at 10:54 AM on October 11, 2008

Tags: dad, lac, bank, purchase, motorbike, worth

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IF MY DAD GIVES ME 1 LAC rs TO MY BANK a/c, THEN IF I PURCHASE MOTORBIKE WORTH 1 LAC rs IN INSTALMENT, WILL IT BE ANY PROBLEM IN MY TAX. I DONT HAVE PAN CARD.

a/c after that you can use it . that amount will be loan from your father there is no problem in it. and you can by moter bike on loan and pay from your pay or this bank amount which you have receive

Posted in Law by ANIRBAN SAHA at 2:41 AM on October 16, 2008

m 21yr/girl.facing financial difficulty,wrking.my dad has debt of Rs 9 lac.n emi /mnth is around Rs 30000/mnth,we pay 10000,our income z 13000.interst is increa

increase,it helps to reduce interest and if ur father is borrowed from private parties u try to changed to bank loans,so that int.amount decreases.Be keep on trying other means of ways to earn

Posted in Depression by surabhi at 1:01 PM on January 23, 2008

Tell me about education lone and return prosissar ?

,000/- Any other expenses required to complete the course like study tours, project work etc.Amount of Loan For studies in India, maximum Rs. 10 lacs Studies abroad, maximum Rs. 20 lacsInterest Rates w.e.f 01.01.2009 Loan Amount Rate of Interest Special Offerfor the loan sanctioned from 1.5.2009 to 30.9.2009 Loans upto Rs. 4.00 Lacs 0.50 below SBAR i.e. 11.75 p.a. 11.50 75 bps below SBAR Loans above Rs. 4.00 Lacs

Posted in Agony Aunt by Dinesh singh at 11:47 AM on June 09, 2009
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