When was the applicable audit limit 60 lacs ?
This query is : Resolved
AMIT GOYAL
(Querist)
14 May 2013
Dear Sir/ Madam
When was the applicable Audit Limit 40 to 60 Lacs since Financial Year 2009-10 , 2010-11 & 2011-12
Please reply the above.
I shall be very thankful to you for the same.
When was the applicable Audit Limit 40 to 60 Lacs since Financial Year 2009-10 , 2010-11 & 2011-12
Please reply the above.
I shall be very thankful to you for the same.
14 May 2013
i) Upto financial year 2009-10 limit was Rs.40laks. (Finance Act,1985).
ii) For financial year 2010-11 and 2011-12 limit was Rs.60laks.(Finance Act,2010).
ii) For financial year 2010-11 and 2011-12 limit was Rs.60laks.(Finance Act,2010).
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