sir,
A doctor od loan required rs:25 lacs against land property value Rs. 35 lacs and Doctor gross receipts rs:15 lacs capacity in ITR returns
Question:
A doctor rs:25 lacs od loan required estimated and projected values how much amount show for bank loan purposes
Projected value declaration for bank loans: guidance sought on what figures to disclose for security and income. Whether and which estimated or projected figures should be disclosed for a bank overdraft application where a doctor seeks credit against land valued higher than the requested facility and declares gross receipts in ITRs; core issue is presentation of estimated/projected values and income information for bank loan purposes. (AI Summary)