alleryStart learning →A separate item threshold is 1% of revenue or Rs 1,00,000, whichever is higher. For Rs 5 crore revenue it is
ARs 10,00,000
BRs 5,00,000
CRs 50,000
DRs 1,00,000
Answer & Solution
Correct answer: B. Rs 5,00,000
One per cent of Rs 5 crore is Rs 5,00,000, which is higher than Rs 1,00,000, so the higher figure applies.
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