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Messages - macmona

#1
Discussion / Re: Rule 8D
December 16, 2008, 11:40:32 AM
as per the rule in clause ii we have to take average of investment income from which does not or shall not form part of the total income, as appearing in the Balance Sheet of the assessee, on the first day and the last day of the previous year.


can some one pl help as to wat does dat invest mean ??? does it mean investment earning exempt income or all investments as appearing in the balancesheet????