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Tax Audit under income tax
what is the turnover limit for an individual under income tax audit
Replies (5)
It is 1 Crore for Business and 50 Lacs for Professionals
It is 1 Crore for Business and 50 Lacs for Professionals
It is 1 Crore for Business and 50 Lacs for Professionals
How to calculate 1 crore
Turnover or gross receipts is to be taken in to consideration for 1 crore.
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