Rama Farm Pvt Ltd is a producer company as specified under section 581A(i) of the Companies Act, 1956. In order to avail/ taking the benefit of deduction under section 80PA, the total turnover of the company is to be les
CS Executive · Tax Laws and Practice · PYQS · December 2020
Rama Farm Pvt Ltd is a producer company as specified under section 581A(i) of the Companies Act, 1956. In order to avail/ taking the benefit of deduction under section 80PA, the total turnover of the company is to be less than ______ in any previous year.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Deductions from Gross Total Income
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