Business turnover likely above what sum triggers PAN under section 139A(1)(ii)?
ARs 1 lakh
BRs 10 lakh
CRs 50,000
DRs 5 lakh
Answer & Solution
Correct answer: D. Rs 5 lakh
Section 139A(1)(ii) uses a limit of five lakh rupees of sales, turnover or gross receipts in a previous year.
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