Dedline of Tax Audit Report for School The dedline of tax audit report for school, colleges, universities, and professional schools in India typically falls on September 30th of the assessment year, which is the year following the financial year in which the audit is being conducted. For instance, for the financial year 2022-2023, the… Read More »
Threshold Limit of Statutory Audit The threshold limit of statutory audit and the due date for Organizations, Charitable, and Social Service entities in India are as follows: 1. Threshold Limit: Organizations, Charitable, and Social Service entities in India can requir to undergo a statutory audit if their total gross receipts or total income in… Read More »
Statutory audit dedline for School The threshold limit for statutory audit dedline for School different entities in India, including schools, colleges, universities and professional schools. If an entity’s total gross receipts or turnover exceeds ₹1 crore in a financial year, they required to undergo a statutory audit. This means that if a school, college,… Read More »
Audit for EducationalInstitutions Tax Audit for EducationalInstitutions threshold limit and due date for educational institutions like schools, colleges, universities and professional schools in India are as follows: Threshold Limit: Education institutions required to get a tax audit done if their total gross receipts or turnover exceed ₹1 crore in a financial year. If the… Read More »
Tax Audit Threshold Limit Tax Audit Threshold Limit, the threshold limit and due date of tax audit report for organizations, charitable and social service entities in India are as follows: Threshold Limit: Organizations, charitable institutions and social service entities can requir to get their accounts audit if their total gross receipts or turnover exceeds Rs.… Read More »
Tax Audit Threshold The Tax Audit threshold limit and due date of tax audit report for Dental and Medical Laboratories in India depend on their total sales, turnover and professional income. If their gross receipts exceed ₹1 crore in a financial year, they required to get their accounts audit under Section 44AB of the Income… Read More »
Tax Audit Reports of Dental and Medical The penalty and due date for tax audit reports of Dental and Medical Laboratories in India can be understood as follows: 1. Due Date: The due date for filing the tax audit report for Dental and Medical Laboratories in India is generally September 30th of the assessment… Read More »
The Threshold Limit of Statutory Audit The threshold limit of Statutory audit due date for Hospitals in India is Rs. 5 crores. This means that all hospitals with an annual turnover of more than Rs. 5 crores are required to have their books audited by a chartered accountant. Statutory audit due date for hospitals… Read More »
Penality and Dadline of Tax Audit Report The Penality and Dadline of Tax Audit Report for hospitals in India can explain as follows: ◘ Due Date: The due date for filing the tax audit report for hospitals in India is typically September 30th of the assessment year. This means that if the financial year… Read More »
Tax Audit Reports for Motion Picture The due date for filing tax audit reports for Motion Picture & Video: Studios & Theatres in India is typically September 30th of the assessment year, Which is the year following the financial year in which the audit is conducted. Failure to comply with this due date can… Read More »