Tag Archives: #BooksAndStationeryTax

What are the deadlines for ITR filing for books and stationery traders?

Deadlines for ITR Filing for Books and Stationery Traders The deadlines for ITR filing for books and stationery traders vary depending on their income and filing status. 1. Individuals with income up to ₹5 lakh: The deadline for filing ITR is July 31, 2023. 2. Individuals with income between ₹5 lakh and ₹10 lakh: The… Read More »

Are there any threshold limit of tax audit for books and stationery?

TaxAudit for Stationery Yes, there is a threshold limit of taxaudit for stationery. The threshold limit is Rs. 1 crore for businesses with more than 5% cash transactions and Rs. 10 crores for businesses with less than 5% cash transactions. This means that if the gross receipts or turnover of a business engaged in… Read More »