Maintenance of books of account in the case of a HUF carrying business is mandatory if the turnover or gross receipts in any one of the three years immediately preceding the previous year exceeds:

Question:Maintenance of books of account in the case of a HUF carrying business is mandatory if the turnover or gross receipts in any one of the three years immediately preceding the previous year exceeds:

1. ₹ 10 lakh

2. ₹ 15 lakh

3.₹ 25 lakh

4.₹ 100 lakh


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