Section 80 iba
This query is : Resolved
04 March 2016
Hi,
As per new budget, govt has introduced 100% deduction in profits on house constructed below 30 sq. mtr and 60 sq. mtr.
Can anyone clarify whether this area is Built up area or Carpet area ????
Quick response is highly appreciated.
Regards,
Swapnil
As per new budget, govt has introduced 100% deduction in profits on house constructed below 30 sq. mtr and 60 sq. mtr.
Can anyone clarify whether this area is Built up area or Carpet area ????
Quick response is highly appreciated.
Regards,
Swapnil
Ankur Singhal
(Expert)
04 March 2016
Dear
as per finance bill it is built up area. No word like carpet area has been used.
as per finance bill it is built up area. No word like carpet area has been used.
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