Nimi Ltd is engaged in manufacture of textile since 01/04/09. Its profit shows profit of Rs.700 lakhs for PY 2018-19 after debit/credit of following items-
i. Employer's contribution to EPF Rs. 2,00,000 and employee's contribution of Rs. 2,00,000 for the month of March 2019 which was remitted on 08/05/19
ii. Company had made a provision of 10% of its debtors towards bad and doubtful debts. Total sundry debtors amounted to Rs.200 lakhs
iii. Company had credited a sub-contractor amount of Rs. 10 lakhs on 31/03/18 towards repairing a machinery component. The tax so deducted was remitted on 31/12/18 What is the total income of Mini Ltd as per IT Act, 1961-
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