Rahim had 5 goods carriage vehicles on 01-04-2016. He acquired and used 3 vehicles from 01-09-2016. What is the presumptive income under Section 44AE?
CS Executive · Tax Laws and Practice · PYQS · December 2017
Rahim had 5 goods carriage vehicles on 01-04-2016. He acquired and used 3 vehicles from 01-09-2016. What is the presumptive income under Section 44AE?
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax
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