Car loan itr
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 June 2016
I want to buy BMW car worth 60 lacks.I am Self Employed person i haven't filed income tax returns in my life time now i want to take car loan for BMW car.My Income from Self Employment is 15 lacks per annum.I want to pay 10 or 15 lacks as down payment and for rest of the amount i will take car loan.
My Question is
(1). Does i eligible for car loan?
(2).How much amount to be show in ITR to get maximum car loan?
Thanks in Advance.
My Question is
(1). Does i eligible for car loan?
(2).How much amount to be show in ITR to get maximum car loan?
Thanks in Advance.
04 June 2016
FIRST OF ALL YOU HAVE TO FILE YOUR ITR AS YOUR INCOME IS ABOVE THE AMOUNT NOT CHAGEABLE TO TAX.
FOR LOAN BANK DEMAND ITR OF LAST 3 YEARS.
FOR LOAN CRITERIA FOLLOW RECOMENDATION OF BANK.
FOR LOAN BANK DEMAND ITR OF LAST 3 YEARS.
FOR LOAN CRITERIA FOLLOW RECOMENDATION OF BANK.
16 October 2021
Without your last 3 years financial statements along with return filling with some tax payment; no bank will provide any loan...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Building and other construction workers welfare cess act 1996
- Eway bill for machinery reparing
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Gift of mutual fund units to daughter
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Reporting of STCG on Property in ITR
- Not able to file ITR
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
