% on freigt expenses
This query is : Resolved
20 August 2013
what percentage we take on freight income , to show as a expenses?
20 August 2013
Under Section 44AE, there is no need to show any expenses against transportation business
Deemed income this section will be Rs. 5000/- pm per heavy vehicle other Rs. 4500 pm
Note no of vehicle should not be exceeds by 8
Deemed income this section will be Rs. 5000/- pm per heavy vehicle other Rs. 4500 pm
Note no of vehicle should not be exceeds by 8
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