banner_ad

Tax Audit Limit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
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
Profile Image

CMA Jitendra Singh

Profile Image

CMA Jitendra Singh (Expert)
21 October 2008 The logic is general gross profit level beyond which everybody should examined his books of accounts
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
21 October 2008 In the case of business income it is inclusive of material cost as well.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
21 October 2008 Just a bench rule nothing else.
Profile Image

CA Chetan Patel

Profile Image

CA Chetan Patel (Querist)
22 October 2008 still i am not satisfied with the comments
Profile Image

Deepak Agrawal

Profile Image

Deepak Agrawal (Expert)
12 November 2008 It IT Dept logic
Contact draftsmen
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
CHARTERED ACCOUNTANT ARTICLE ASSISTANT

KPRS And Associates

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details