Friends/ that will be the first time that i am taking an assignment for project report... i am expecting some help and guidance from you.... i talked with the client... he said bank is asking for project report for loan.... he is already running beauty parlour and want to extend it.... now i have the following questions.
1. he has never filed any ITR yet so i will fill there two financial year ITR at current date...what should be the fees for that.??
2. is it compulsory to have promotors capital involved in the project report.?? ya bank can ask how much will be your contribution in that project... so he say that he is already having a beauty parlour so why there is a need of capital from my side.? that was actually his query.
3. he wants 4 to 5 lakhs loan..
please comment on these points that will help me also please provide me any sample project report format for beauty parlor....and suggest me what should be the fees for all that work..
thank you.
CAclubindia
