44 ab applicabilty
This query is : Resolved
02 September 2011
Hello
Does a poultry farm comes under the view of Sec 44 AB ?
Also is the extension of Rs. 60 lacs limit applicable for AY 2011-12.
Thanks
Does a poultry farm comes under the view of Sec 44 AB ?
Also is the extension of Rs. 60 lacs limit applicable for AY 2011-12.
Thanks
02 September 2011
yes poultry farm is business and covered,
60 L is applicable for 11-12
60 L is applicable for 11-12
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02 September 2011
Thank you very much.
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