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Sec 44ae

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 June 2012 my client has own two heavy goods vehicle.he Use vehicle for goods carriage.State whether income computed as per sec 44AE.
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
30 June 2012 Yes. Income in reference to the owned vehicles (up to 10) can be computed U/s 44AE.
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