alleryStart learning →The Government may raise the section 10 composition turnover limit of Rs 50 lakh, but to at most what amount?
ARs 75 lakh
BRs 1 crore
CRs 1.5 crore
DRs 2 crore
Answer & Solution
Correct answer: C. Rs 1.5 crore
The first proviso to section 10(1) permits raising the limit to a ceiling of one crore and fifty lakh rupees.
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