Tax Audit Criteria for Engineer The key criteria that determine whether an engineer is required to undergo a Tax Audit Report are as follows: 1. Gross receipts or turnover of the business: If the gross receipts or turnover of the business exceeds Rs. 1 crore, then a tax audit is required. 2. Cash transactions:… Read More »
Turnover Requirements Turnover requirements refer to the specific criteria or thresholds related to the financial turnover or revenue that a company or individual must meet in order to qualify for certain opportunities, benefits, or obligations. These requirements can vary depending on the context and can be set by organizations, regulatory bodies, or government agencies.… Read More »
Turnover Certificate for Construction To obtain a turnover certificate for construction purposes, you can follow these general steps: 1. Gather Financial Information: Collect the necessary financial documents and records related to your construction business. This may include audited financial statements, profit and loss statements, balance sheets, tax returns, and other relevant financial records. 2.… Read More »