Sec 44AB Audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 March 2010
Ther is good news that Audit U/S 44AB is to conducted only if Gross Sale/ Turnover/ Receipts as the case amy be exceeds Rs.60/15 lacs..
Is ther any increase in number of Audit that can be accepted by CA under Sec 44AB..?
Is ther any increase in number of Audit that can be accepted by CA under Sec 44AB..?
08 March 2010
Section 44AB is nothing to do with the limit for doing tax audits, ie. regulated by the ICAI and there is no change in that limit
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Querist : Anonymous
Querist :
Anonymous
(Querist)
08 March 2010
Oh.. K thanx a lot 4 valuable feed back
08 March 2010
for the year 2009-10 limit will be increased to Rs.60 lacs for business and Rs.15 lacs for peofession.
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