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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Relaxation from Tax audit in case of business – subject to limit ...


Businesses can skip tax audits if cash dealings are under 5% of total transactions, promoting digital payments.

February 3, 2020

Articles     Income Tax

Relaxation from Tax audit in case of business – subject to limit of 5% cash receipts and payments. - who will certify the amount of cash received and paid and percentage?

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