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Turnover value is between 1 crore to 10 crores but cash transactions below 5% of the turnover

This query is : Resolved 

10 October 2023 Where ,the gross turnover of assessee exceeds once crore but not exceed 10 crores. The total turnover and other receipts all were processed through bank account. Inadvertently while filling the details in the ITR the clerk had noted “no” instead of “yes” in part “a2ii” & “a2iii”.

10 October 2023 Cash expenses should also less than 5%.
In such a case tax audit not applicable.
File revised return with correction.



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