Statutory audit
This query is : Resolved
16 April 2015
please tell me sir is there any limit for statutory audit in respect of sale
17 April 2015
AS PER INCOME TAX ACT, IN CASE OF TURNOVER IN EXCESS OF RS. 1.00 CRORE WILL BE LIABLE TO TAX AUDIT. IN THE CASE OF PROFESSIONALS THE TURNOVER SHOULD BE 25.00 LACS OR MORE.
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