can I borow money from my IRA account and pay interest on the withdrawn amount instead of payig declaring it as icome?

[DoninGA]

No.  There are no loan provisions for funds withdrawn from an IRA.  Only loans from a 401(k) type account are allowed.

If you have a distribution from an IRA, the taxable amount of the distribution is entered on your tax return as ordinary income and taxed at your current tax rate.  If you are under the age of 59 1/2 you would also be assessed a 10% early distribution penalty on the gross amount distributed.  This penalty would be entered on your federal tax return as a tax liability.

[Bsch4477]

No, you can’t take a loan from your IRA. If you only need the money short term you can withdraw money and pay it back within 60 days to avoid tax and any penalty if the withdrawal was early. That is considered a roll over. Tax might be withheld.