Loan amount based on income tax return

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Querist : Anonymous

Querist : Anonymous (Querist)

05 October 2014 Generally people approaches CA's for filing return so that they can avail loan.

I just want to know how to determine/calculate the amount of loan an individual can get on his income tax return filed.

Please guide how to calculate the amount of loan one can easily get on his income tax return filed & also guide me all necessary important criteria in relation to same.
Eg loan can be determined by considering avg N.T.I of last 3 years, something like that.

Inconvenience is regretted.

Thanks in advance.

Querist : Anonymous

Querist : Anonymous (Querist)

06 October 2014 Generally people approaches CA's for filing return so that they can avail loan. I just want to know how to determine/calculate the amount of loan an individual can get on his income tax return filed. Please guide how to calculate the amount of loan one can easily get on his income tax return filed & also guide me all necessary important criteria in relation to same. Eg loan can be determined by considering avg N.T.I of last 3 years, something like that. Inconvenience is regretted. Thanks in advance.

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

04 November 2026 Loan amounts based on ITRs are typically determined by averaging the Net Taxable Income (NTI) of the last 2 to 3 years, applying a FOIR (typically 40–50%) to figure out your maximum affordable EMI, and evaluating your overall cash flow stability and credit history.

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