Deduction under section 57 (ii)
shekhar jha
(Querist) 29 March 2016
This query is : Resolved
deduction u/s 57(iia) is of rs. 15000 or 1/3 of income
Query: is this amount monthly or annual?
B.Chakrapani Warrier
(Expert) 30 March 2016
The percentile and the amount mentioned therein is to be counted annually.
Rajendra K Goyal
(Expert) 30 March 2016
Vague query, state facts of the problem, if any.