bank loan purposes itr show amount

[Sundaraiah kollipara]

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 value how much amount show for bank loan purpose

AI Summary

Income and asset disclosure for bank loan: which figures to present when property valuation, ITR receipts, and loan sought differ. Whether and which figures to disclose on a bank loan application when seeking an overdraft of twenty five lacs secured by land valued at thirty five lacs, while the applicant's gross receipts in income tax returns are fifteen lacs; specifically whether to show the loan amount sought, the property valuation, and the reported or projected income for bank loan purposes.