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Chander ShekharChander Shekhar asked 3 months ago

In Chp 12- Audit under Fiscal Laws : Mr Anand/vishal a Commission Agent/agency commission receipts RS 137/87 LACS during FY 2017-18. Why here 1 crore limit considered instead of 10 crore revise Tax audit limit if we consider as a individual.

1 Answers
RaviRavi Staff answered 3 months ago

10 crore limit is only when 95% criteria is fulfilled

Chander ShekharChander Shekhar replied 3 months ago

This question from Pg no 12.4 .means simply assume T/o limit 1 crore. if no payment of mode(cash,banking channels) is specify. in case 95% criteria question will give details to us. right.

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