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IDT Rule 86B (IBS Nov 2024 paper)

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Here, the taxable supplies is given as 50 cr, but as rule 86B applies only if it exceeds 50 cr. Hence this case it is not applicable, but in suggested answer, they mentioned it is applicable Please clarify this. Thanks in advance.

Raviteja Kusumanchi

Qualified CA

★ 42K+

17-May-25 18:20

125

Answers (1)

Sorted, I was confused as 50 cr, the limit is 50 lakh My bad.

Thread Starter

Raviteja Kusumanchi

Qualified CA

★ 42K+

17-May-25 18:21