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% on freigt expenses

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20 August 2013 what percentage we take on freight income , to show as a expenses?
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CA Kumar Mukesh

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CA Kumar Mukesh (Expert)
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

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