The Bihar Value Added Tax (Amendment) Act, 2010

This Act amends the Bihar Value Added Tax Act to require annual account audits for certain businesses. It changes Section 54 so that any dealer, excluding public or private limited companies, with a gross turnover over one crore rupees must have their accounts audited by an accountant before the tax filing deadline. This change helps ensure larger businesses in Bihar maintain accurate financial records and comply with tax laws, ultimately improving the state's ability to collect revenue.

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