Rahim had 5 light goods carriage vehicles on 1.4.2019. He acquired and used 3 vehicles from 1.9.2019. What is the presumptive income under section 44AE
A. ₹ 8,10,000
B. ₹ 3,64,500
C. ₹ 2,02,500
D. ₹ 6,07,500
Answer:D
Rahim had 5 light goods carriage vehicles on 1.4.2019. He acquired and used 3 vehicles from 1.9.2019. What is the presumptive income under section 44AE
A. ₹ 8,10,000 B. ₹ 3,64,500 C. ₹ 2,02,500 D. ₹ 6,07,500