Tax Audit Report for Diagnostic The Tax Audit Report for Diagnostic center to be required to get its accounts audited is `₹1.5 crores** for the financial year 2022-23 (assessment year 2023-24). The due date for filing the tax audit report is **31st October“ of the assessment year. Visit for more information: https://www.mca.gov.in/ Here are… Read More »
Tax Audit Report for Freelancers The threshold limit for tax audit for FreelancersIn India, freelancers are required to undergo a tax audit if their gross receipts or turnover from freelancing activities exceed the prescribed threshold limit. For freelancers, the threshold limit for tax audit under Section 44AB of the Income Tax Act, 1961, is… Read More »
Tax Audit Reports for Automotive Repair The threshold limit for Tax Audit Reports for Automotive Repair services in India is Rs. 1 crore in case the cash receipts do not exceed 5% of the total receipts. If the cash receipts exceed 5% of the total receipts, then the threshold limit is Rs. 10 crores.… 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 »