Tax Audit Limit
This query is : Resolved
21 October 2008
What is the logic or reason behind the TAx Audit limit for Professional is kept at Rs. 10 Lacs and others for Rs.40 Lacs.
please give me the satisfactory answer
please give me the satisfactory answer
21 October 2008
The logic is general gross profit level beyond which everybody should examined his books of accounts
21 October 2008
In the case of business income it is inclusive of material cost as well.
21 October 2008
Just a bench rule nothing else.
22 October 2008
still i am not satisfied with the comments
12 November 2008
It IT Dept logic
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