https://www.taxtmi.com/forum/issue?id=452 Interest-free loans from a non-relative are not ordinarily included in the recipient's income if they are structured as loans repayable over a specified period; conversely, a single one time receipt lacking a bona fide loan structure may be treated as taxable. Separate service tax considerations for franchise arrangements are distinct from income tax treatment of such advances. en-us Wed, 23 May 2007 17:20:00 +0530 Thu, 23 Jan 2025 15:58:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=452 Interest-free loans from a non-relative are not ordinarily included in the recipient's income if they are structured as loans repayable over a specified period; conversely, a single one time receipt lacking a bona fide loan structure may be treated as taxable. Separate service tax considerations for franchise arrangements are distinct from income tax treatment of such advances. Discussion-Forum Income Tax Wed, 23 May 2007 17:20:00 +0530 https://www.taxtmi.com/forum/issue?id=452