Estate agency question

it's a business.limit of 1 crore will be applicable

Yes its a agency business. The distinguishment between business and profession can be resolved by reading sec. 44AA explanation about the list of professionals and also notifications issued by CBDT clarifing the sports persons ,event mngt. Services as professional services. Sec. 44AD shall not apply to professionals, agency business ,LLP & commission or brokerage business.

A profession is mainly carried out by individual possessing required qualification. In case of business no specific qualification is required whether carried by corporate or non corporate

In professional includes only any work doing require a qualification skill in specific business. Like advocate ca cs cma architecture doctors etc. They are holding knowledge with degree for specialization.