Business loan rs:20 lacs from bank
kollipara sundaraiah (B.com) (2916 Points)
19 July 2023question:
assessess rs:20 lacs business loan required sales turnover show in it returns.
kollipara sundaraiah (B.com) (2916 Points)
19 July 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160609 Points)
Replied 19 July 2023
Bank require last three years ITR details with P&L acc with BS.
Usually, 45 to 50 lakhs turnover with average 15% profit margin is good to be considered.
sabyasachi mukherjee
(26185 Points)
Replied 20 July 2023