Tax Audit

This query is : Resolved 

02 March 2009 Can any one please tell me , that if the turnover in the subsequent year is less than 40 lakhs , even then tax audit is required or not?

02 March 2009 No.
Assessee will not be liable to tax audit.

02 March 2009 No, fot that year

02 March 2009 No. Each assessment year is a separate assessment year.


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