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Tax audit limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2013 If a commission agent of vegetable sells vegetable on behalf of pricipal supplier ( purely on commission basis), what is the exemption limit applicable for tax audit in this case? is it on commission earned or turnover?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
19 July 2013 This is business, tax audit limit is Rs. 1 crore for ay-13-14
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