07-07-2011, 08:22 PM
my question is that if we give rent of any amount so we first calculated the remaining month for closing financial year for example
we give rent(Rs.30,000) FEB-211 so the remaining month feb-march-apr,may and june i mean five month (30,000*5=150,000) so it is exempt or we caculate all 12 months income do not see closing financial year
we give rent(Rs.30,000) FEB-211 so the remaining month feb-march-apr,may and june i mean five month (30,000*5=150,000) so it is exempt or we caculate all 12 months income do not see closing financial year