42. Reporting Thresholds: Are there any threshold limit of account finalization for Media House?
Reporting Thresholds Reporting Thresholds, There are no predefined thresholds for the finalization of accounts applicable to Media Houses operating in India. The Income Tax Department (ITD) has not established specific rules or regulations that pertain exclusively to the finalization of accounts for media houses. However, if the ITD suspects non-compliance with tax regulations, they reserve… Read More »
