Seven Reporting Clauses in Tax Audit Report causing Hardship to Tax Auditor & Auditee if the due date does not extend

Mayank Mohanka , Last updated: 28 February 2021  
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Budget 2021 Update:To incentivise digital transactions and to reduce the compliance burden of the person who is carrying almost all of their transactions digitally, it is proposed to increase the limit for tax audit for persons who are undertaking 95% of their transactions digitally from Rs.5 crores

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Published by

Mayank Mohanka
(Chartered Accountant)
Category Income Tax   Report

1 Likes   5542 Views

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