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Increase in tax audit limit


Ritik Chopra (student)     16 April 2021

Ritik Chopra
student 
 21 likes  2163 points

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The tax audit limit  has been increased to Rs 10 crore  if the taxpayer's cash receipts are limited to 5% of the gross receipts or turnover, and if the taxpayer's cash payments are limited to 5% of the aggregate payments. What are your views on this?




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