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(Querist)
13 January 2009 Query:

If an individual wants home loan then the banks ask for three years IT return.

My question is if the return was filed after due date then will the bank consider the return for home loan

Regards
Rajesh Choudhary
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CA R N Mohil

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CA R N Mohil (Expert)
13 January 2009 yes , normally it is seen that latest IT return is filed at least six month before the date of Loan Application.
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CA Chaitanya

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CA Chaitanya (Expert)
13 January 2009 Ya you will be sacntioned loan.
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CA Chaitanya

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CA Chaitanya (Expert)
13 January 2009 The requirement will be that the gap between two returns should be 6 months or more.

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