Tax audit

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Querist : Anonymous

Querist : Anonymous (Querist)

24 September 2016 Dear Sir,
An assessee having turnover of fixed 1 crore is subjected to tax audit u/s 44AB,

Regard
Anuj jain

Sandeep Dharar (Expert)
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24 September 2016 For Financial year 2016-17 and onwards the limit has been increased to 2Cr.

Message likes : 1 times

Dhirajlal Rambhia (Expert)
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05 October 2021 Yes, u/s. 44AB, if your turnover is exactly 1 Cr., you are liable for tax audit.

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