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44ab tax audit limit for ay 12-13

Tax queries 25199 views 6 replies

L.Saravanan

AUDITOR IN PRACTICE

47 Points Joined February 2009

Does the Tax Audit Limit enhancement of 1 crore limit applicable to this AY or from later AY?

What is the limit for Business in the

Replies (6)

Guest

for Assessment Year 12-13 Limit is Rs. 60.00 Lakhs. The enhance limit i.e. Rs.1 Crore is applicable from AY 2013-14

CA. Anindya Mitra

FCA DISA

55 Points Joined April 2008

good work.................. !!!

kiran

accounts manager

263 Points Joined June 2009

good information

arun dinakaran

ACCOUNTANT

25 Points Joined November 2011

xfgfS.NO FINANCIAL YEAR LIMIT (BUSINESS) PROFESSIONAL 1 2009-10 40 LAKHS 10 LAKHS 2 2010-11,2011-12 60 LAKHS 15 LAKHS 3 2012-13 1 CRORE 25 LAKHS

Read more at: /forum/details.asp?mod_id=208140#.UMWv4a7p5sA

S.NO FINANCIAL YEAR LIMIT (BUSINESS) PROFESSIONAL 1 2009-10 40 LAKHS 10 LAKHS 2 2010-11,2011-12 60 LAKHS 15 LAKHS 3 2012-13 1 CRORE 25 LAKHS

Read more at: /forum/details.asp?mod_id=208140#.UMWv4a7p5sA