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Doubt

Others 767 views 6 replies

What is meant by Qualifying amount?

Replies (6)

hi

please clarify in which context are u asking the question

The context in which phrases/words are used, provides them meaning.

So, please clarify the context in which you are refering this?

It will come under the section 80D regarding the limiting amount.

Hi Pornima,

QUALIFYING AMOUNT SIMPLY MEANS ELIGIBLE AMOUNT OR ADMISSIBLE AMOUNT...

Now the context in which the words have been used is to be seen like "QUALIFYING AMOUNT FOR CLAIMING A DEDUCTION" MEANS THE THE MAXIMUM AMOUNT FOR WHICH DEDUCTION CAN BE CLAIMED..

Hi Pornima.... please be more clear.....

Thanks Mr.Amir


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