Q. END USE CERTIFICATE FOR BANK LOAN

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Question added Apr 4 Bank / Insurance / Stock / Debtors Audit By CA Pankaj Joshi, CA, Delhi
Respected sir, assessee has taken term loan from bank. Now bank is asking for CA certificate for End Use of loan as business purpose. Now my query is what documents to verify to ascertain if loan is being used for business purpose. Kindly guide.

Concept by CA Pramod Jain

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