A business person business loan rs:20 lacs required from bank. Banker requires IT returns and profit and loss account and balance sheet for f.y. 2022-23.
Question:
Person sales turnover and profit declared in it returns f.y. 22-23 for business loan purpose?
You have to provide financials as per the details provided in ITR. If it's a trading business and do not have GST registration then show below 40 lakhs or else per GST returns.
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