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Under 44AE, a heavy goods vehicle's monthly presumptive income is per ton at?

ARs 500
BRs 1,500
CRs 2,000
DRs 1,000
Answer & Solution
Correct answer: D. Rs 1,000
Section 44AE(2)(i) fixes one thousand rupees per ton of gross vehicle weight for each month or part of a month.
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