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When was the applicable audit limit 60 lacs ?

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(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.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
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).
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