u/s 44 AE 5000/4500 OR 3500/3150 which limit is allowed in nov 2010????????
rply fast
CA Sanat Pyne
(F.C.A. & M.COM)
(19992 Points)
Replied 13 November 2010
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.
NUKUL GARG
(Senior Associate Consultant)
(1231 Points)
Replied 13 November 2010
It's 3500/3150
u can also refer to-
Sunshine
(Helping All)
(10575 Points)
Replied 13 November 2010
| Originally posted by : NUKUL Garg | ||
 |
It's 3500/3150 |
 |
MAS007
(ACCOUNTANT)
(124 Points)
Replied 15 November 2010
Refer the following file.
Go through point 5(h).
Thanks
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