Will my parents be taxed on the interest charged if they lend me money for a home loan?

Will my parents be taxed on the interest charged if they lend me money for a home loan?

If my parents have lent me for home loan, then will they be taxed as per their tax bracket based on the interest charged on the loan amountAnurag Panigrahi Reply by Adhil Shetty, CEO of BankBazaar.com How much tax do I have to pay? Calculate now If you have borrowed money from your parents and … Read more