Balance sheet

This query is : Resolved 

03 March 2016 Respected All,

Kindly suggest me that What is the Slab of Audit of the Balance Sheet ?

03 March 2016 What is the query? There is no any such concept of "slab of audit of balance sheet" Are you aiming at Tax Audit?

03 March 2016 Dear
Compulsory audit under section 44AB is applicable where turnover during the fy is more than 1 crore.


03 March 2016 Amol Sir,

Tax Audit Slab

12 March 2016 For business it is 1 crore. This limit is applicable to TURNOVER. It has nothing to do with BALANCE SHEET.



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