Income tax query
This query is : Open
Quick Summary
Kollipara Sundaraiah
(Querist)
22 March 2021
A person wanted home loan from bank.a person below taxable income(2.5 lacs).
Question:
A person it return filed compulsory.(it return without filed home loan eligible)
Question:
A person it return filed compulsory.(it return without filed home loan eligible)
Ganeshbabu K
(Expert)
22 March 2021
repayment capacity will be judged by Income, and banks trust IT returns as proof for income
CA. Aditya Goel
(Expert)
23 March 2021
ITR is mandatory if GTI (Total Income without deductions) exceeds 2.5 lakhs.
but advisable to file ITR due to multiple benefits, one of which is Bank Loans.
but advisable to file ITR due to multiple benefits, one of which is Bank Loans.
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