How to calculate tax audit limit
Querist : Anonymous
How the turnover is to be calculated for the tax audit purpose to
arrive at limit of 40 lacs. Is there any circular/ guidance from income
income tax autorities. then please mention circular number.
Thanks
Note that tax audit limit has been increased to Rs. 60 lakh from AY 2011-12 onwards.
Querist : Anonymous
Querist : Anonymous
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