Franchise exemption of rs 1,00,000

This query is : Resolved

Neethu (Querist)
Follow

10 August 2013 Hi

Plz tell me whether the exemption of Rs 1,00,000 will be applicable to franchise (Fashion design Institute)

CMA Ramesh Krishnan (Expert)
Follow

13 August 2013 Franchisee basically run business on based on other person or brand name, so Basic exemption will not apply such persons

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess