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Audit limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 July 2013 SIR/ MADAME

I WANT TO KNOW THAT IF THE TURNOVER IS LESS THAN 1 CRORE AND THE PROFIT IS LESS THAN 8 % THEN IS IT AUDIT BUT MY QUESTION IS WHETHER SUCH AUDIT IS COUNTED UNDER OUR AUDIT LIMIT OF 45 AUDITS ..
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
03 July 2013 yess it will be under the limit of 45 audits
as limit is for tax audit, and it is definitely tax audit

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