For tax year 2026-27, a business's cash receipts and cash payments are each within 5% of the respective totals, and no other audit condition applies. Above what turnover must it get its accounts…

Under section 63(1) of the Income-tax Act, 2025 (Table, item 1), a business needs a tax audit when its turnover exceeds ₹1 crore, but where cash receipts and cash payments each do not exceed 5% of their totals, the limit becomes ₹10 crore. The ₹1 crore limit applies only when the cash condition is not met, and ₹50 lakh is the gross-receipts limit for a profession.