Audit query

Guest

yes limit of professional receipt is 10 lacs. so he has to go for audit.

Chartered Accountant

3652 Points Joined September 2008

agreed wid above except d fact dat the limit is now 15L.....

Self Practitioner in Income Tax & GST

782 Points Joined July 2010

Yes, limit is 15 lacs............ so audit is compulsory on ur case.

CA-FINAL

104 Points Joined January 2011

I am Agreed with SUMIT & SURAJ. Limit has been changed from the A.Y. 2011-12.

.

844 Points Joined June 2008

the limit is now 15L.

Guest

ya sry .I have told as per last rules..

Officer-Accounts-Shared Services

67 Points Joined November 2009

agree with sumit....