tax audit limit

  • budget-2021

Increase in turnover limit for Tax Audit u/s 44AB from 5 crores to 10 crores. Budget 2021-22

Increase in the turnover limit for Tax Audit u/s 44AB from 5 crores to 10 crores for non cash transactions.…

3 years ago
  • ICAI

If restriction on tax audits numbers redundant if not infructuous ? SC to decide the issue.

Has restriction on number of tax audits become redundant if not infructuous in view of judgment of Madras High Court…

3 years ago
  • Income Tax

Tax audit turnover threshold increased for business. Due date of furnishing report made 31st October

Tax audit turnover threshold limit increased to Rs. 5 crores for business. Due date of furnishing report made 31st October…

4 years ago
  • Income Tax

Non doctor running a hospital is not a professional for tax audit turnover limit purpose – ITAT

Non doctor running a hospital is not a professional for tax audit turnover limit purpose, but it is a business…

5 years ago
  • Chartered Accountants

Kerala High Court stayed disciplinary proceedings for conducting tax audit in excess of limits prescribed by ICAI Guidelines

The Kerala High Court has stayed disciplinary proceedings for conducting tax audit in excess of limits prescribed by ICAI Guidelines…

8 years ago