30 June 2010
one of my client is goin to rise loan from bank , bank wants his return of income for 3 years. my client filed an invalid return for one year. whether it is accepted by the bank?
30 June 2010
Normally , the banks purpose of asking ITR for last 3 years is to detremine your income and earning continuity.. In case, you file the invalid return, then disclose the fact and submit them the new return, in my view it will work.