What is the tax audit turnover limit?

Name: Vijay R Singh & Co.
Address: Office No. 4, Vishal CHSL, D Wing, Sir Mathuradas Vasanji Road, Azad Nagar, Opp. Andheri Gymkhana, Andheri East, Maharashtra, 400069, IN
Telephone: +91 98607 23959

CA Vijay R Singh, FCA
Chartered Accountant · ICAI M.No. 153926 · FRN 136869W

Short answerFor business, the limit is ₹1 crore turnover — raised to ₹10 crore if your cash receipts and cash payments are each 5% or less of the total (i.e. you’re largely digital). For professionals it’s ₹50 lakh of receipts.

Business: 1 crore / 10 crore

₹1 crore normally; ₹10 crore if both cash receipts and cash payments are 5% or less of the total. Confirm current limits.

The 5% cash condition

See how the 5% cash test works — it’s what lets digital businesses use the higher limit.

Audit

← Back to all questions

Talk to CA Vijay R Singh

Want your turnover checked against the audit limit? You can message him directly, or book a short call to talk through your situation.

Book a 15-minute call
Message on WhatsApp
Email your query

This answer is general information for businesses, not professional advice. Tax rates, thresholds and forms change with each Finance Act — please confirm the current position for your own facts, or speak to us, before acting.