Tag Archives: #AuditReportPenalties

Is there any penalty for not filing of tax audit report for the Registered Nurses?

Tax Audit Requirements Yes, there is a penalty for not filing a Tax Audit Requirements for the Registered Nurses (RNs) in India. The penalty is 0.5% of the turnover or gross receipts, subject to a maximum of Rs. 1,50,000. The tax audit report required for RNs who meet the following criteria: 1. Turnover or gross… Read More »