tax query

u/s 44 AE 5000/4500 OR 3500/3150 which limit is allowed in nov 2010????????

rply fast

Replies (4)

The presumptive income per vehicle of transport operators under this scheme

has been increased from Rs.3,150 per month to Rs.4,500 per month for

vehicles other than heavy vehicles and from Rs.3,500 per month to Rs.5,000

per month for heavy vehicles with effect from A.Y.2011-12. (Month includes

part of a month also).

 

This is applicable for Nov 10 exam.

It's 3500/3150

u can also refer to-

Originally posted by : NUKUL Garg

It's 3500/3150
 

 

Refer the following file.

 

Go through point 5(h).

 

Thanks

 

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