sir, for avail bank loan minimum time filing period of IT return?
some bank ask 6 months gap for 2 income tax return. is it correct?
how many IT returns are sufficient to go bank loan sir ?
pls help sir
2 Replies
jashwanth
(CA-PRACTICE)
(400 Points)
Replied 24 May 2020
Generally banks give loan based on 2 years income tax returns, if you filed both in the same year then your not eligible for loan.Conditions may change from bank to bank.
VINITKUMARGUPA
(ARTICLE ASSISTANT)
(129 Points)
Replied 24 May 2020
Minimum 6 month gap required as per bank rules , please contact any NBFC.
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