What Is a Tax Audit? Tax Audit Due Date, Limits, Section 44AB Eligibility
Section 44AB of the Income Tax Act, 1961 governs audit of income tax for businesses and professionals whose turnover or gross receipts cross a prescribed threshold. If your turnover is large enough, the law requires a Chartered Accountant to examine your books before you file your ITR.
Udyam Certificate Status Explained: What Does “Update Required”, “Active”, and “Invalid” Mean?
Udyam Registration has become the backbone of MSME recognition in India. Whether you are running a small manufacturing unit, a trading business, or a service enterprise, your Udyam Certificate is proof that your business is officially recognised as a Micro, Small, or Medium Enterprise (MSME). This recognition opens doors to […]