is it acceptable filing of three years income tax returns at a time,is same are acceptable with banks for bank loan purposes
CA Krishna Chaitanya M (Chartered Accountant) (463 Points)
01 September 2010is it acceptable filing of three years income tax returns at a time,is same are acceptable with banks for bank loan purposes
vkbothra
(Learning )
(690 Points)
Replied 01 September 2010
Dear
Income tax accepts two year returns only.
eg. a.y. 2009-10 and a.y. 2010-11
Bank demands for two years (or three years) return duly filled in the gap of 6months for loan purpose.
;)