Tax audit

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Querist : Anonymous

Querist : Anonymous (Querist)

30 September 2016 Dear sir
What is the threshold limit for Tax Audit for the F.Y.2016-17

Sandeep Dharar (Expert)
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30 September 2016 It is 2 Crores for the mentioned financial year

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CA R SEETHARAMAN (Expert)
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30 September 2016 It is one crore. Those opting for 44AD no tax audit applicable even the turnover exceeds 1 crore.

CA R SEETHARAMAN (Expert)
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30 September 2016 Mr. Sandeep Dharar see the CBDT press release dt. 20/06/2016.

Sandeep Dharar (Expert)
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30 September 2016 Mr. Setharaman I told of 44AD(1)..

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