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VRS Exempted

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 March 2010 V R S Received Amt Rs.384000
as per u/s exempt is Rs.500000

Please give the ans What amt taken for exempt
Rs.384000 Or Rs.500000

Regards

Girish
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
25 March 2010 It is mentioned that exemption should not exceed Rs. 500,000/-. So it is maximum amount and not minimum.

So exemption amount is Rs. 384,000/-
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Querist : Anonymous

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Querist : Anonymous (Querist)
25 March 2010 Thank You Sir
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
27 March 2010 agree withe expert

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