banner_ad

Agricultural income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 October 2011 Hi All,

One of my clients is trying to take loan from bank for buying a car , in his past two years IT return he hes delared agricultural income as 500000/- which infact he has recd it, But will bank grant loan based on the agricultural income or not? His salary income is just 150000/- .
Profile Image

CA VISHAL RANA,CS,B.Com,AMFI

Profile Image

CA VISHAL RANA,CS,B.Com,AMFI (Expert)
19 October 2011 YES,BANK CONSIDERED SALARY INCOME AS WELL AS AGRICULTURE INCOME FOR THE PURPOSE OF LOAN
Profile Image

Sijo Philip

Profile Image

Sijo Philip (Expert)
19 October 2011 Dear Mr. Abdul, in our country banks operates within the framework of various Statutes, rules, regulations and banks internal policies.

Each bank has different internal policies. Kindly visit two or three banks and do check whether they consider both agricultural income and salary income while granting loans.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details