Ineligible Input Tax Credit (ITC) and Reverse Charge Mechanism (RCM) - Practical Understanding & Compliance
Yes for FY 2009-2010, It has not been raised, it still remains at 40 lakhs,and labour charges will also be included as Turnover includes, not only main income but also other income from business...
and for a.y. years it is increase to 1 cr correct
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