Expenses limit from 20000 par day to 10000
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 July 2017
Dear All.
the exp. limit par day has been reduced from 20000 to 10000 pls clarify :- from which date this amendment will be effected whether from 01/04/2016 or from 01/04/2017
Thanks
Rajeev sharma
the exp. limit par day has been reduced from 20000 to 10000 pls clarify :- from which date this amendment will be effected whether from 01/04/2016 or from 01/04/2017
Thanks
Rajeev sharma
24 July 2017
1-4-2017 ie., apply in relation to assessment year 2018-19 and subsequent years.
CA Shubhanshu Jain
(Expert)
24 July 2017
Hello Amendment of reducing limit from 20000 to 10000 is introduced by Finance Act 2017 and hence same is applicable from 01/04/2017 and not from 01/04/2016
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