Tax audit turnover

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2010 Hi
Respected Member

Can any one tell me if asseesee had tax audit in last year, but in current year turnover is below 40 lakhs.

So it is require tax audit in current year

OR

It is complusory to get tax audit.

25 July 2010 no need for tax audit as per section 44AB

25 July 2010 AGREE AND NOW LIMIT FOR TAX AUDIT IS 60 LAKHS




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