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Salaries

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2013 Kindly clarify whether the deduction u/s 10(10AA) would be available even if the employee has not completed 10 months employment period.
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
24 July 2013 EXEMPTION WILL NOT BE AVAILABLE FOR FRACTION OF THE YEAR. ONLY COMPLETED YEARS IN SERVICE ARE CONSIDERED FOR ENTITLEMENT.
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