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Tax audit limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 November 2011 What is the limit for Tax Audit for a person involved in Recruitmrnt of Man Power??
Plz advice..
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Gayathri Devi

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Gayathri Devi (Expert)
22 November 2011 it is Professional Income hence the Limit is Rs.15,00,000/-
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
22 November 2011 It comes under 'business' vide page 24 of ICAI publication 'Issues on tax Audit' .Tax audit ,therefore, applies if turnover per annum exceeds Rs. 60 lakhs.
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