Audit limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 July 2012 Dear All Expert,

Pls tell me new limit of company audit and tax audit,which turnover company is responsible for com. audit and tax audit?

30 July 2012 From AY 2013-14 onwards:

Business Rs 1 Crore
Profession Rs 25 Lacs

For AY 2012-13

Business Rs 60 lacs
Profession Rs 15 Lacs

30 July 2012 For tax audit AY 13-14 1 crore for business

for company audit- its not depend on turnover of company, its compulsory.

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 July 2012 Thanking You

Priyank


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