Debt equity

This query is : Resolved

Jignesh (Querist)
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02 March 2012 Dear All

Debt Equity Ratio Shld maintain while filling return
and its 2:1 or 3:1

for capital and on secured loans or unsecured load or both

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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03 March 2012 One has not to maintain any such ratio at the time of filing of the return.

However care must be taken while availing the loans. These can be justified at the time of assessment. So, loans taken of 1 crore if can be proved as genuine, will not be cumbersome than a loan of Rs. 25000/ which can not be justified or which is bogus.

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