Tax audit limit
This query is : Resolved
trishla vaishnav
(Querist)
21 April 2013
Can u pls tell me tax audit limit applicable for IPCE may 2013??
CA Vikas Acharya
(Expert)
21 April 2013
for may 13 finance act 2012 is applicable.
limit now applicable is 1crore(business)/ 25lakhs(preofession)
limit now applicable is 1crore(business)/ 25lakhs(preofession)
CA Vikas Acharya
(Expert)
21 April 2013
yes sir it is the limit increased in FINANCE ACT 2012
CHAPTER III, point 13
CHAPTER III, point 13
trishla vaishnav
(Querist)
22 April 2013
Thank you..
22 April 2013
Mr Vikas
If so then let others know as what is the amount for professionals.
If so then let others know as what is the amount for professionals.
trishla vaishnav
(Querist)
23 April 2013
Its 25 lakhs for professionals..
06 June 2013
Yes I agree with the experts
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