Restriction u/s 182
Jyothi K (46 Points)
13 April 2018please help me
Nikhil Kaushik
(Fellow CA)
(86681 Points)
Replied 14 April 2018
the restriction comes from the proviso to the section that limits the aggregate of the amount of contribution in any financial year to seven and a half per cent. of its average net profits during the three immediately preceding financial years:
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