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Budget - Quick review

Budget - By: - CS Swati Dodhi - Dated:- 2-2-2017 - *BUDGET 2017 AT GLANCE* 1) Base Year for Capital Gain shifted to 2001 from 1981. For Immovable Property LTCG will be treated if Holding period > 2 yrs 2) MAT credit can be carried forward to 15 yr .....

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one source at ₹ 2,000 7) 44AA: limit of turover increased from 10Lakh to 25Lakhs, Limit of profit from 1.2 Lakhs profit to 2.5 lakhs 8) Individual Tax: 2.5 lakshs to 5 Lakhs Tax @ 5% 9) Rebate of 2500 only till 3.5 Lakhs Income 10) To levy sur .....

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