https://www.taxtmi.com/forum/issue?id=116907 The requirement for a Tax Audit depends on exceeding the prescribed turnover limits; if turnover does not surpass those thresholds, an audit obligation is not triggered, and opting out of a presumptive taxation scheme or reporting a given net profit does not by itself create an audit duty. en-us Mon, 14 Dec 2020 08:03:25 +0530 Thu, 23 Jan 2025 15:54:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116907 The requirement for a Tax Audit depends on exceeding the prescribed turnover limits; if turnover does not surpass those thresholds, an audit obligation is not triggered, and opting out of a presumptive taxation scheme or reporting a given net profit does not by itself create an audit duty. Discussion-Forum Income Tax Mon, 14 Dec 2020 08:03:25 +0530 https://www.taxtmi.com/forum/issue?id=116907