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2 Lakh limit is for calander year or financial year

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(Querist)
24 May 2016 Sir. Please advise that 2 Lakh limit is for one calander year or all the transaction with in various years
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Rupesh Jain

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Rupesh Jain (Expert)
24 May 2016 for income tax period from 1.4.20.. to 31.03.20..... not a calender year.

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