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Tax audit limit

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(Querist)
21 April 2013 Can u pls tell me tax audit limit applicable for IPCE may 2013??
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
21 April 2013 for may 13 finance act 2012 is applicable.
limit now applicable is 1crore(business)/ 25lakhs(preofession)
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V K Bajaj

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V K Bajaj (Expert)
21 April 2013 Mr. Vikas

Be sure about 25 Lakhs for Professionals.
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
21 April 2013 yes sir it is the limit increased in FINANCE ACT 2012
CHAPTER III, point 13
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trishla vaishnav

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trishla vaishnav (Querist)
22 April 2013 Thank you..
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V K Bajaj

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V K Bajaj (Expert)
22 April 2013 Mr Vikas

If so then let others know as what is the amount for professionals.
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trishla vaishnav

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trishla vaishnav (Querist)
23 April 2013 Its 25 lakhs for professionals..
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
06 June 2013 Yes I agree with the experts
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