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Section 44AB

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(Querist)
28 September 2008 As per setion 44AB tax audit is done if turnover is more than 40 Lakhs ( Business) and 10 Lakhs (Professional).
What are the other conditions in which Tax Audit is compulsory?

Please give some illaborate information on this topic.
If possible mention the Laws(Acts) related to these conditions?

Thanks
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Jitender

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Jitender (Expert)
28 September 2008 for e.g 44AD,44AE,44AF ,if presumptive rate of income is not accepted.
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Ravikumar.G

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Ravikumar.G (Expert)
29 September 2008 Assessee carrying on business referred to u/s 44AD/AE/AF/BB/BBB and declaring lower income than prescribed.
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KRATI

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KRATI (Querist)
30 September 2008 Sir,
Is there any condition for tax audit, if purchases or sale increase some specified limit.

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