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Tag: Audit Penalty

ITR Filing: Who Is Mandated To Get Their Accounts Audited And What’s The Deadline?
  • Business

ITR Filing: Who Is Mandated To Get Their Accounts Audited And What’s The Deadline?

DainikNews Live Admin8 months ago06 mins

Last Updated:July 27, 2025, 08:00 is If the total sales, turnover, or gross receipts of a business exceed Rs 1 crore in a financial year, an audit is mandatory. The due date to complete a tax audit is September 30. Filing the Income Tax Return (ITR) is mandatory for individuals and businesses when their earnings…

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