Related Party Loan

Tax Glossary Definition

Related Party Loan

A related party loan is a loan extended to a person or entity connected to the lender, such as a family member or a company under common control. Interest received on such loans is taxable, and applicable TDS provisions may apply if interest exceeds the prescribed threshold.

Example: A loan of ₹5 lakh given to a brother with ₹25,000 interest earned is taxable as income, and TDS may be applicable on the interest

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