The threshold limit for tax audit for business entities under section 44AB has been proposed to change to how much amount for those assessees, where amount received in cash is less than 5% of total receipts and amount paid in cash is less than 5% of Aggregate payments during the year?
Finance Act 2020: The threshold limit of Rs 1 crore turnover for a tax audit is proposed to be increased to Rs 5 crore with effect from AY 2020-21 (FY 2019-20) if the taxpayer’s cash receipts are limited to 5% of the gross receipts or turnover, and if the taxpayer’s cash payments are limited to 5% of the aggregate payments. Finance Act 2021: With effect from 1st April 2021, the threshold limit of Rs 5 crore is increased to Rs 10 crore in case cash transactions do not exceed 5% of the total transactions.
Micronutrients are better absorbed and more bioavailable from:
Definition of synergetic cropping is known as:
Principle of organic farming consists of:
As per regulations, the limits for the presence of impurities of animal origin in pulses shall not exceed:
NDDB was established with the objective of taking up the activity of
Which of the following is the apex bank for agricultural credit in India?
Photoperiodism is a
Which herbicide is used as early post emergence herbicide in groundnut crop?
What is the top portion of the turned furrow slice called?
As per regulations, the use of permitted synthetic food colours in canned cherries is:
