Dear Anil, first of all, I want to tell that you should submit your income tax return on the basis of your current annual income. To show false figure in the income statements just for getting loan from bank or other financial institution is illegal. We know bank and other financial institutions trust on the income tax return. But it does not means that you should increase or decrease your net income for getting the loan. If you are earning good income and paying income tax, it is good chance, you will get loan easily because bank will satisfy that your income is sufficient for paying their installment when your return your loan.