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Stattutory Branch BAnk Audit

This query is : Resolved 
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(Querist)
17 March 2011 Can any one confirm as to Limit of Advance is being increased from Rs.10 Lakhs to 25 Lakhs so far Non corporate entities are concerned for Comulsory Audit of Books of Account in relation to one of the clause applivable to LFAR.

Please reply immediately as branch audit of Natinoalised Bank just to start.

Regards & Thanhs in Advance.
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CA KRISHNA KUMAR DARUKA

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CA KRISHNA KUMAR DARUKA (Expert)
17 March 2011 There is no change in LFAR this year.
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