Tax audit limit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 July 2011
WHAT IS THE TAX AUDIT LIMIT FOR A.Y-2011-2012? IS IT 6000000/- OR MORE
26 July 2011
Exceeds Rs. 60,00,000/-in an year.
26 July 2011
For Business Rs 60 Lacs
For Profession Rs 15 Lacs.
Note: Required when exceeds 60 lacs or 15 lacs in Previous Year
For Profession Rs 15 Lacs.
Note: Required when exceeds 60 lacs or 15 lacs in Previous Year
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