#PrintAuditThresholds Archives - Knowledge Base

Are there any threshold limit of tax audit for Printing Services?

Tax Audit for Printing Services Sure, there is a threshold limit of tax audit for printing services. Under Section 44AB of the Income Tax Act, 1961, a person carrying on the business of printing is require to get his books of account audited if the gross receipts of the business exceed Rs. 1 crore… Read More »

Are there any threshold limit of statutory audit for Printing Services?

Statutory Audit for Printing Services Yes, there are threshold limits for statutory audit for printing services in India. The threshold limit is determined by the turnover of the printing company. If the turnover of the printing company is less than INR 25 lakhs, it is not require to have a statutory audit. The turnover… Read More »