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tell me about sec 44AE

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(Querist)
14 July 2011 tell me about sec 44AE
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Ravikant

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Ravikant (Expert)
14 July 2011 Under this section, assessee, having less than 10 Goods carriage vehicles was allowed to declare this profit on per vehicle basis, as per below amount:

Heavy Goods vehicle = 5000 / per vehicle / per month

Other Goods vehicle = 4500 / per vehicle / per month
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