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29 April 2021 Respected Sir,

Please let me know what is the tax audit limit for the year ending March 21 ? I have heard that the tax audit limit for the year ending March 21 is Rs 5 Crores but there are certain conditions also on this issue. What are those conditions to be qualified by the assessee.

29 April 2021 The condition is that cash receipts and cash payments during the year do not exceed 5% of the total receipts/payments.



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