Sec 44AD
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 March 2011
Respected Expert,
Give me the details of threshold Limit of PGBP under Sec 44AD for
A.Y 10-11
A.Y 11-12
Thanks
Give me the details of threshold Limit of PGBP under Sec 44AD for
A.Y 10-11
A.Y 11-12
Thanks
14 March 2011
1.Assessment year 2010-11 limit is Rs. 40/- lacs. ( as per pre substituted section)
2. Assessment year 2011-12 limit is Rs.60/- lacs ( as per post substituted section by Finance Act,2010)
2. Assessment year 2011-12 limit is Rs.60/- lacs ( as per post substituted section by Finance Act,2010)
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