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Dropping from audit proceedings
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....been assigned the audit of the business affairs of dealers u/s 58 of DVAT Act, 2004 based on the risk profile of the dealers. Amongst such selected cases, some cases pertain to the dealers who are engaged exclusively in exempted/tax free items. In this regard, it is clarified that such cases of dealers engaged exclusively in exempted/tax free items may not be taken up for audit, even if a notice o....
TaxTMI