creating balance sheet
PRASHANT
(Querist) 09 June 2016
This query is : Resolved
Dear
I need a asset backed loan .
I am a freelancer software engineer...have shopping complex ,agriculture land , apartment which is on rent ..these are my income source.
I already filled ITR for last 2 yrs showing only house and aagriculture income.
Now bank managers says go to CA he will make last 2 yrs balance sheet and projected balance sheet too. Which will help me in loan. Now i have a question 1) can balance sheet be made as i hadn't shown any business income in my ITR
Advocate/CS Sanjeev Kataria
(Expert) 09 June 2016
you have not mentioned here full facts such as type of business and form of business etc. It is better to go to CA for proper guidance.
Devajyoti Barman
(Expert) 09 June 2016
Meet a tax consultant. He alone can advise you.
Dr J C Vashista
(Expert) 10 June 2016
You have choosen wrong platform, post your query in CA forum, if you insist on FREE service.