Dear Rakesh,
Under the presumptive scheme, the maximum Turnover limit of INR 1 Crore shall be applicable up to FY 2015-16, and after that, the limit has been increased to INR 2 crores. Hence, in FY 2016-17, The limit of Turnover s INR 2Crores.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
