https://www.taxtmi.com/acts?id=39334 Amendment increases the cash-compliance exemption benchmark that governs applicability of the statutory audit requirement: where aggregate cash receipts and aggregate cash payments do not exceed prescribed proportions of totals, a raised turnover threshold will be treated as the trigger for audit, expanding the class of taxpayers not subject to audit under the proviso and applying from the commencement of the stated financial year for the relevant assessment year and subsequent assessment years. en-us Mon, 01 Feb 2021 16:38:07 +0530 Thu, 04 Feb 2021 14:38:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39334 Amendment increases the cash-compliance exemption benchmark that governs applicability of the statutory audit requirement: where aggregate cash receipts and aggregate cash payments do not exceed prescribed proportions of totals, a raised turnover threshold will be treated as the trigger for audit, expanding the class of taxpayers not subject to audit under the proviso and applying from the commencement of the stated financial year for the relevant assessment year and subsequent assessment years. Act-Rules Bills Mon, 01 Feb 2021 16:38:07 +0530 https://www.taxtmi.com/acts?id=39334