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Business·6 g önceRésumé IA
Income-tax Act, 2025: New Audit Trigger for Low-Profit Businesses
The Income-tax Act, 2025 introduces a new audit trigger for businesses under presumptive taxation, explicitly linking lower-than-presumptive profit declarations to mandatory audits. This change aims to bring greater certainty to tax compliance for small businesses operating on low margins.
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Economic Times