I have taken SBI max gain home loan..
My dad and wife helps me to repay my home loan but they are not co-borrower or co-appicant in home loan.. So do i need to pay income or any tax to bank?
Currently i am doing all my transactions online. Dad and my wife transfers money online in my SBI savings account and then i am transferring it to Max gain Home loan account.
If Any body has any detailed information please share with me as a don’t want to get in trouble later on..