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Registraion of 12a

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(Querist)
26 May 2017 what is the main use of 12A. Profit Exceeds 1 Cr is exempt or Gross Receipts Exceed 1 Cr.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 May 2017 The exemption is without any limit provided you satisfied with the conditions of section 12a.

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