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audit u/s44AB

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 March 2011
sir
what is the exemption limit audit u/s44AB a.y.2011-2012.
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BALASUBRAMANYA B N

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BALASUBRAMANYA B N (Expert)
19 March 2011 Exemption limit audit u/s44AB a.y.2011-2012 is 60lak...
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
19 March 2011 agreed, rs.60 lakhs or more turnover then tax audit u/s 40AB is required.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
19 March 2011 For business Rs 60 lakh
For profession Rs 15 lakh
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
20 March 2011 yes agreed, 60 Lacs for u/s 44AB
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