alleryStart learning →Basic turnover ceiling for an eligible business under 44AD?
ARs 2 crore
BRs 10 crore
CRs 1 crore
DRs 5 crore
Answer & Solution
Correct answer: A. Rs 2 crore
The Explanation to section 44AD limits an eligible business to total turnover or gross receipts of two crore rupees.
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