Tag Archives: #StatutoryAuditDueDate

47. What is the threshold limit of Statutory audit due date for Diagnostic Centre?

Threshold Limit of Statutory Audit   Sure, The threshold limit of statutory audit for a diagnostic centre is Rs. 40 lakhs in terms of turnover or Rs. 25 lakhs in terms of gross receipts in a financial year. If the turnover or gross receipts of a diagnostic centre exceeds the threshold limit, then it is… Read More »

What is the threshold limit of Statutory audit due date for Dental and Medical Laboratories?

Threshold Limit of Statutory Audit for Dental   The threshold limit of statutory audit for dental and medical laboratories is Rs. 1 crore in India. This means that dental and medical laboratories with a turnover of less than Rs. 1 crore are not required to have their accounts audited. However, they are still required to… Read More »