Bank loan question

A person retail rice store maintained.a person need business loan Rs:10 lacs from bank (cc).
Question:
A person how much sales turnover and net profit declare show in I t return filed in f y.19-20.(one year)
Replies (1)
It should be based on basis of turnover of past year and future maintainable profits but turnover should be based on fixed percentage of increase

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register