sir,
In F/Y 2013-14 my uncle has taken ₹ 45000/- as unsecured loan on 06/06/2013. But my uncle expired last month with a heart attack.. till then no payment was made by my uncle against above loan given to him.My Question is : A) can i take cheque from my Auntie for the above or what can i do to nullify the loan so that no issue is raised as per IT act.


TaxTMI