Sanjay 01 July 2015
Hi,
My name is Sanjay. I am a Real Estate Agent. I dont have any documents of paying tax and neither I have any legal documents to show that I am running a business. What can be done for taking loan? Or What are the ways to say my family that I can't take loan from the bank?
Ezhil Bose (Advocate High Court-Chennai) 01 July 2015
Dear Mr. Sanjay,
You cannot go for a bank loan even if you have any legal documents, because as per the bank norms , when you claim that your are running a business, you need show minimum 3 years of IT filing.
Thus you can inform your family without filling Income tax you cannot take a loan.
Ezhil Bose (Advocate High Court-Chennai) 01 July 2015
Dear Mr. Sanjay,
You cannot go for a bank loan even if you have any legal documents, because as per the bank norms , when you claim that your are running a business, you need show minimum 3 years of IT filing.
Thus you can inform your family without filling Income tax you cannot take a loan.
adv.bharat @ PUNE (Lawyer) 24 July 2016
Form ur own company & pay tax.
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