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Applicability of tax audit

This query is : Resolved 

12 February 2014 Sir,
Applicability of tax audit limit for Partnership firm of CA's is Rs.1 crore or Rs.25 lakh ???
Thanks

13 February 2014 Applicability of tax audit limit for partnership firm of CA's is Rs. 25 lakhs. As per sec. 44AB of Income Tax Act 1961 tax audit limit for professional partnership firm is Rs. 25 lakhs


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