ssi exemption

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prashant agarwal (Querist)
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22 June 2010 if 1 owner eg. a partership firm does two business from two different name, having two different products, than will the tourover of both the units be clubbed while calculating the limit of Rs. 400 lakh & 150. lakh

Ajay Raghatate

Ajay Raghatate (Expert)
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22 June 2010 No, Both units are separate entity, you have to consider turnover individual basis. for exemption.

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CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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22 June 2010 Turnover should be count Assessee wise. tourover of both the units be clubbed.

Ajay Raghatate

Ajay Raghatate (Expert)
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22 June 2010 Turn over should be clubbed, when both company has one Excise premises.
There are two different name of companies,and two different locations.

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