Tax audit limit

This query is : Resolved 

21 April 2013 Can u pls tell me tax audit limit applicable for IPCE may 2013??

21 April 2013 for may 13 finance act 2012 is applicable.
limit now applicable is 1crore(business)/ 25lakhs(preofession)

21 April 2013 Mr. Vikas

Be sure about 25 Lakhs for Professionals.

21 April 2013 yes sir it is the limit increased in FINANCE ACT 2012
CHAPTER III, point 13

22 April 2013 Thank you..

22 April 2013 Mr Vikas

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

23 April 2013 Its 25 lakhs for professionals..

06 June 2013 Yes I agree with the experts


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