The tax audit limit has been increased to Rs 10 crore if the taxpayer's cash receipts are limited to 5% of the gross receipts or turnover, and if the taxpayer's cash payments are limited to 5% of the aggregate payments. What are your views on this?
The tax audit limit has been increased to Rs 10 crore if the taxpayer's cash receipts are limited to 5% of the gross receipts or turnover, and if the taxpayer's cash payments are limited to 5% of the aggregate payments. What are your views on this?