Highlights of Direct Tax Proposals in Union Budget 2017-18

Guest , Last updated: 03 February 2017  
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BUSINESS TAXATION The threshold limit for audit of business entities who opt for presumptive income scheme proposed to be increased from Rs. 1 crore to Rs. 2 crore. This is a clarificatory amendment. The threshold limit for maintenance of books for individuals and HUF proposed to be increase

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