Thread Starter
#1
Hello experts,
I just booked new swift vxi. And in just 2 days am getting delivery of my car but problem is Am still not sure whether to finance it or buy it on cash.
Am just thinking if i buy on cash than Can it be any problem from Income tax department ? and can they question about source of money ?
PS- Am just a student and working online, my income is online and not on papers. So i don't pay taxes and i don't even have ITR of previous years.
So, If i don't have ITR then no chance of Loan and only choice left is buy on cash. Is it fine if i pay 5.23 lakhs cash . ?
Thanks
Need experts advice. :)
I just booked new swift vxi. And in just 2 days am getting delivery of my car but problem is Am still not sure whether to finance it or buy it on cash.
Am just thinking if i buy on cash than Can it be any problem from Income tax department ? and can they question about source of money ?
PS- Am just a student and working online, my income is online and not on papers. So i don't pay taxes and i don't even have ITR of previous years.
So, If i don't have ITR then no chance of Loan and only choice left is buy on cash. Is it fine if i pay 5.23 lakhs cash . ?
Thanks
Need experts advice. :)