For which year projected, estimated file should be prepare ?
Querist : Anonymous
Please suggest me i dnt have any income tax file, now i want projected ,estimated file for the bank loan purpose .Can you please suggest me for which year the estimated and projected file will be prepare.
Querist : Anonymous
Do i have to prepare Fy 2014-15, and estimated is 2015-16 and projected is 2016-17.
Am i right sir.
1) Actual figures (preferably audited) for the past three years including FY2015-16;
2) Current year estimates i.e. FY 2016-17;
3) Projected figures for next year i.e. FY 2017-18 (for working capital) / till the estimated repayment of loan (in case of loan repayable more than one year) i.e from FY 2017-18 till the year of repayment of loan.
Also submit year to date provisional figures to the bankers to appraise the genuinity of current year estimates.
Querist : Anonymous
RUPESH JAIN IS FY 2015-16 WILL BE THE ESTIMATED ONE,IF SO THEN WHAT ABOUT FY 2014-15 IS IT ALSO ESTIMATED.
Estimate for FY2016-17.
Do not confuse.
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