Exemption limit
This query is : Resolved
01 November 2011
does a service provider get the basic exemption limit of rs10lacs every year or only in the first year???
plz advice..urgent
plz advice..urgent
01 November 2011
basic exemption limit of rs.10lacs will available only one time.
02 November 2011
Yes Basic exemption can be availed one time but the business is not exceed the turnover of 10 lakhs for the year, it can continue for next year
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