Auditaudit Staff asked 2 years ago

Sir can a tax auditor appointment in a non corporate entity,if he is indebtness or given guarantee to the non corporate entity?

1 Answers
RaviRavi Staff answered 2 years ago

In non corporate assessee indebetedness limit is zero
And guarantee limit is also zero, exemption to relatives of 1,00,000
Indebtedness also relative limit is 1,00,000

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