Section 44af
This query is : Resolved
30 July 2011
Whether the provisions of Section 44AF of I.T. Act is applicable for Asstt.Year 2011-12 or merged with Section 44AD of I.T. Act.
Please clarify.
Please clarify.
30 July 2011
44AF is not applicable now.
The same deductions are now available in 44AD. but limit of 5% has been increased to 8%.
The same deductions are now available in 44AD. but limit of 5% has been increased to 8%.
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