Audit limit for business income for the f y 2012-2013
This query is : Resolved
19 March 2012
It is being said for sme audit limit raised from 60 lakhs to 1 crore.
Is it for all people doing business or only for people or company which file return as company in SME.
I am confused. because on some sites like moneycontrol it states specified business and for professionals its made 25 lakhs.
Is it for all people doing business or only for people or company which file return as company in SME.
I am confused. because on some sites like moneycontrol it states specified business and for professionals its made 25 lakhs.
25 March 2012
The limit has been raised only for SME's as defined in the SME Act.
26 March 2012
Sir can i get the link for that act.I am unable to find out that on net.
28 March 2012
http://icai.org/new_post.html?post_id=8245&c_id=240
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Leave encashment and gratuity on death of employee
- GST ON FREE SAMPLE
- Regarding selling goods
- Exemption u/s 10(23C)(iiiad) by ITAT
- ITC on Construction of Warehouses
- POSH Registration
- Immovable gift deed
- Advocate is authorised for formation of company as per section 7 of the company act 2013
- Mentioning of GST models in invoice
- STCG on International Mutual Fund
- Adt1 dsc where to affix?
- TDS Applicability on Adobe Subscription u/s 195
- Tcs claim for previous financial year
- TDS Return filing if only have 15G /15H deductions and no other payments
- Portuguese Civil Code of 1867
- IGST ITC RELATED
- GST on Taxi Service
- IMPORT OF GOODS CREDIT
- Formation of company by advocate
- Regarding GSTIN Cancelled suo-moto
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
