Applicable financial year for Exemption 500000 IT
This query is : Resolved
11 July 2011
Sir please tell me the year applicable for Tax exemption for individuals income below 5 lakhs. is it from F.Y.2010-11 or 2011-12.
11 July 2011
Financial year 2010-11. Pl see CBDT notification 36/2011/F.No. 142/09/2011 (TPL), dated 23/06/2011.
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