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limit for turnover for tax audit

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(Querist)
31 August 2010 If the turnover of an assessee from business, which he has begun with in the current year, is36,00,000 and from profession, that in which he deals since last two years is5,00,000, will there be any liability of tax audit to be carried out?

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Aditya Maheshwari

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Aditya Maheshwari (Expert)
31 August 2010 Tax audit not applicable as the words used in the section is OR.

So tax audit not applicable.
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