income tax amendments in tax audit turnover limit for a y 2020-21

• Income Tax

Tax audit turnover threshold limit increased-Amendment of section 44AB. ||Amend in Due date of furnishing Tax report -Amendment of section 139.||TDS/TCS Deduction limit

Tax audit turnover threshold limit increased to 5 crores Rupees for business (Amendment of section 44AB of the Act).  (A)…