Section 40b
This query is : Resolved
18 December 2009
i want to know that applicability of book profit u/s 40b
which is up to 300000/- 90% or 50000
over 300000/- 60%
applicable from 01.04.2009 or 01.04.2010
which is up to 300000/- 90% or 50000
over 300000/- 60%
applicable from 01.04.2009 or 01.04.2010
18 December 2009
It is applicable from A.Y.2010-11 i.e. for the F.Y.2009-10
20 December 2009
I Agree with Mr. Lalit. It is applicable from 01.04.2009 and onwards
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