The 2025 Act introduces compulsory tax audit for businesses declaring profits below 6% or 8% of turnover. The shift eliminates the earlier opt-out condition, expanding audit applicability from ...
The deadline to submit Income Tax Audits for the financial year 2024-25 is Sept. 30. This comes weeks after the due date to file income tax return (ITR) for most salaried individuals, Hindu Undivided ...
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