No documents for taking loan


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?

 
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Advocate High Court-Chennai

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.

 
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Advocate High Court-Chennai

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.

 
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Lawyer

Form ur own company & pay tax.

 
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