assess maintained a two business it returns filed sec 44ad provison in f.y.20-21.
1.Jewellery shop business RS:6 lacs cash on hand balance as on Dt:31-03-21 show in books.
2.Money lending bussines rs:12 lacs cash on hand balance as on Dt:31-03-21 show in books.
Question:
1.sec 44ad person cash on hand balance amount show in books allowed in it act.
2.Any limit applicable in it act.