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Think your turnover crosses ₹1 crore, so tax audit is compulsory? Not always! 👀

Tax audit limits can go up to ₹10 crores, depending on the nature of your business/profession and specific conditions.

📌 44AD: Up to ₹2 Cr
💰 With prescribed cash conditions: Up to ₹3 Cr
👨‍💼 44ADA – Professionals: Up to ₹50 Lakhs
💳 With the prescribed 5% cash receipt/payment condition: Up to ₹75 Lakhs
🏢 Tax Audit: Up to ₹10 Cr with applicable conditions

⚠️ Every limit comes with different conditions. So don't assume “₹1 Cr turnover = tax audit.”

🎥 Watch the reel to understand the limits and conditions that may apply to you.

💬 Comment “TAX AUDIT” and we'll help check your eligibility.

📞 Sharpace Consultancy — Get your tax matters right.

₹1 CRORE TURNOVER = TAX AUDIT? NOT ALWAYS! 👀

Think crossing ₹1 crore turnover automatically means a tax audit? Not necessarily! 🚨

Tax audit applicability depends on your business/profession, presumptive taxation scheme, and prescribed cash transaction conditions.

📌 Here’s the basic breakdown:
🔹 ₹1 Cr — Normal business
🔹 ₹2 Cr — Section 44AD
🔹 ₹3 Cr — 44AD with prescribed cash limits
🔹 ₹50 Lakh — Professionals / 44ADA
🔹 ₹75 Lakh — 44ADA with prescribed cash-receipt condition
🔹 ₹10 Cr — Eligible business with prescribed cash conditions

⚠️ But remember: turnover alone doesn't decide tax audit applicability. Your books, cash receipts/payments, profit declaration and the applicable provisions all matter.

🎥 Watch the reel to understand which limit may apply to you.

Confused about your tax audit requirement?
📞 Contact Sharpace Consultancy for professional guidance and stay compliant.

Bro took “work from anywhere” WAY too seriously. 💀

No laptop. No keyboard.
Just pure dedication & delusion

ITR-1 filed with a big refund? Think twice!

Section 10(14) exemption isn’t automatically valid. It generally requires a special allowance from your employer for official duties + proper documentation. 📄

Missing these? That refund could turn into a tax notice, refund reversal & possible penalty/interest. 😰

🎥 Watch the reel to understand the mistake and don’t let your refund become a problem!

📞 For accurate ITR filing & tax guidance, contact Sharpace Consultancy today.

A glimpse of LVB’s Rise & Connect – Mega V2V Conclave 2026!

An evening dedicated to meaningful connections, stronger business relationships, and new opportunities to grow together. 🤝

From insightful conversations to valuable interactions, Rise & Connect brought together a community driven by collaboration and growth.

Here’s a glimpse of the moments that made the evening truly special. 🌟

Quick questions. Quick answers. Everything you should know about ITR filing in under a minute.

🎥 Watch till the end and see how many you get right!

📞 For expert tax advice, contact Sharpace Consultancy.

Saste ke chakkar mein... GST Notice ghar aa gaya! 😭
Don't let one mistake become an expensive lesson.

Your spending habits and financial transactions could matter more than you realize.

🎥 In this reel, we explain the important income tax limits and why certain high-value expenses and transactions shouldn't be ignored.

Watch till the end to understand how these rules may affect you and avoid costly mistakes.

📞 Need help with your ITR or tax planning? Contact Sharpace Consultancy today.

Made profits from Crypto, Stocks, or F&O? Don't make this ITR mistake!

A small mistake while filing your ITR can lead to notices, penalties, and unnecessary tax troubles.

🎥 Watch this reel to know what you should avoid while reporting your crypto, stock market, and F&O gains.

Don't risk your hard-earned profits. Let the experts at Sharpace Consultancy help you file your ITR accurately.

📞 Contact us today for hassle-free ITR filing.