Balance sheet

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Parvinder Singh (Querist)
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03 March 2016 Respected All,

Kindly suggest me that What is the Slab of Audit of the Balance Sheet ?

Amol S Joglekar (Expert)
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03 March 2016 What is the query? There is no any such concept of "slab of audit of balance sheet" Are you aiming at Tax Audit?

Ankur Singhal (Expert)
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03 March 2016 Dear
Compulsory audit under section 44AB is applicable where turnover during the fy is more than 1 crore.

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Parvinder Singh (Querist)
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03 March 2016 Amol Sir,

Tax Audit Slab

Amol S Joglekar (Expert)
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12 March 2016 For business it is 1 crore. This limit is applicable to TURNOVER. It has nothing to do with BALANCE SHEET.

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