M/s ABC, an eligible assessee, following mercantile system of accounting, carrying on eligible business u/s 44AD provides the following details: • Total turnover for FY 2023-24 is ₹ 130 lakhs. • Out o

Question

Akshay · Answer

25+25+30= 6.4 50*6%=3 total 9.4

Sarthak · Answer

50L+30L=80L*8%=640000, 25L+25L=50L*6%=300000, 640000+300000=940000

Tushar · Answer

Option (c) 5.5 Lakhs As 8% on 50 Lakhs (cash mode) + 6% on 25 Lakhs (other than cash mode)

Deeksha · Answer

(25L + 25L) * 6% + (50L + 30L ) *8% = 9.4L

M/s ABC, an eligible assessee, following mercantile system of accounting, carrying on eligible business u/s 44AD provides the following details: • Total turnover for FY 2023-24 is ₹ 130 lakhs. • Out o

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