For which year projected, estimated file should be prepare ?
Querist : Anonymous
Please suggest me i dnt have any income tax file, now i want projected ,estimated file for the bank loan purpose .Can you please suggest me for which year the estimated and projected file will be prepare.
Querist : Anonymous
Do i have to prepare Fy 2014-15, and estimated is 2015-16 and projected is 2016-17.
Am i right sir.
1) Actual figures (preferably audited) for the past three years including FY2015-16;
2) Current year estimates i.e. FY 2016-17;
3) Projected figures for next year i.e. FY 2017-18 (for working capital) / till the estimated repayment of loan (in case of loan repayable more than one year) i.e from FY 2017-18 till the year of repayment of loan.
Also submit year to date provisional figures to the bankers to appraise the genuinity of current year estimates.
Querist : Anonymous
RUPESH JAIN IS FY 2015-16 WILL BE THE ESTIMATED ONE,IF SO THEN WHAT ABOUT FY 2014-15 IS IT ALSO ESTIMATED.
Estimate for FY2016-17.
Do not confuse.
Click here to login now
Similar Resolved Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
