For getting bank loan

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 June 2015 For getting bank loan of 10 lac how much income should be shown in individual returns of itr 4, for example we shown 250000 are more

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
Follow

24 June 2015 It depends entirely on bank requirement. How much income they need to sanction a bank loan of 10 lac.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

24 June 2015 We don't know particular bank, we need general info can u please provide in normal sense thank you for respond

Ankur Singhal

Ankur Singhal (Expert)
Follow

25 June 2015 You should show atleast Rs.300000/- as income.

Also You can advice him to take loan in joint account with spouse.
This will be easier as you can show the income of Rs.2,00,000 to 2,50,000/- in both the returns.

Message likes : 1 times

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Akshay Jain

chandradhass sathish

Gurunathan kannan

Rakesh Bansal

yadagiri

Subscribe Now

For getting bank loan

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Manager- Finance and Compliance

GST CONSULTANCY

Article Assistant

Accountant

CA Final