Threshold for Tax Audit: What is the threshold limit and due date of tax audit report for Furniture & Appliances: Trader & Stores?
Threshold for Tax Audit The threshold for tax audit pertaining to Furniture & Appliances: Traders & Stores stands at Rs. 10 crore for the assessment year 2023-24, subject to fulfillment of these conditions: 1. The combined cash receipts (encompassing sales, turnover, and gross receipts) must not surpass 5% of the overall gross receipts. 2.… Read More »