44 ab applicabilty


This query is : Resolved 

02 September 2011 Hello

Does a poultry farm comes under the view of Sec 44 AB ?

Also is the extension of Rs. 60 lacs limit applicable for AY 2011-12.

Thanks

02 September 2011 yes poultry farm is business and covered,
60 L is applicable for 11-12

02 September 2011 Thank you very much.


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