For home loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2012
Dear Experts,
As some one need houseloan of Rs. 25-30 lakh, and he filed his return for last to year within the exeption limit and now for third year can he file his return within the exemption limit which is his actual earning for geting above loan.
kindly suggest and give your expert opinion.
thanking you
As some one need houseloan of Rs. 25-30 lakh, and he filed his return for last to year within the exeption limit and now for third year can he file his return within the exemption limit which is his actual earning for geting above loan.
kindly suggest and give your expert opinion.
thanking you
25 August 2012
The filing of return does not by itself help him in getting loan. He has to prove his credibility by showing his earning capacity and savings etc.
Filing return below exemption limit only points out that his income is not substantial. Hope you are talking about person earning salary.
Filing return below exemption limit only points out that his income is not substantial. Hope you are talking about person earning salary.
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
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- EPF FULL & FINAL RULES IN 2026
- Eway bill generation from place other than registeted
- Experts need help
- Management System (IMS)
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Rental income gst and it purpose
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
