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Applicability of tax audit

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(Querist)
19 November 2020 My turnover is 1.70 cr., & my total receipts and payments are below 5% of total receipts & payments Whether Tax Audit Is applicable ??
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
20 November 2020 Tax audit not applicable if your total cash receipts and payments are less than 5%.

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