Tax audit limit
This query is : Resolved
20 May 2017
Turnover limit Rs. 1,00,00,000/- for business , Rs. 50,00,000/- for profession and limit for audit is 60.
Message likes :
1 times
30 September 2017
Tax audit limit has been increased from 1,00,00,000 to 2,00,00,000 for business and same 5000000 for professionals for financial year 2016-2017.that is Assessment Year 2017-2018
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