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Tax audit limit
I want to know that what is the tax audit limit of business or profession for income tax for the assessment year 2013-2014. It is come to my knowledge that the limit in business is one crore and in profession is 25 lacs. is it right ?
Replies (5)
CORRECT
yes u have correctly come to know the tax audit limit for fy 2012-13 and ay 2013-14.
thanks Mr. Ragavan ji and Tushar ji..
yeah correct
Tax audit limit is 45
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