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44AB and AD

Others 230 views 4 replies
threshold limit confusion
Replies (4)
tomorrow income tax paper ipcc
More than1Cr and 50 lacs under section 44AB and upto 2Cr and 50 lacs under section 44AD as per Finance Act 2016.
Limit is Rs.2 crore for business & 50 lakh for profession. from a.y. 2017-18

YES AND AGREE WITH ABOVE ALL 


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