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Tax audit u/44ab

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(Querist)
17 April 2012 What are the changes/amendments in Tax Audit report/format for the assestment year- 2012-13 ?
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CA Kishore Tallam

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CA Kishore Tallam (Expert)
17 April 2012 There are no changes in tax audit report / format. However, applicability of tax audit itself if changed from Turnover of Rs. 60 lacs to Rs. 1 Crore.
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rachna

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rachna (Querist)
17 April 2012 For the financial year 2011-12 ie Asst year-2012-13 what is applicable turnover 60lac or 1.cr ?
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CA Kishore Tallam

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CA Kishore Tallam (Expert)
17 April 2012 Its Rs. 60 lacs. From AY 2013-14, its Rs. 1 Crore.
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rachna

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rachna (Querist)
17 April 2012 Thank you sir
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CA PRAVEEN SINGH

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CA PRAVEEN SINGH (Expert)
17 April 2012 YES AGREE WITH AL..
ONLY ONE CHANGE IN AY 13-14 TURNOVER FROM 60 LACS TO 1 CRORES
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
17 April 2012 agree to experts
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rachna

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rachna (Querist)
20 April 2012 Thank you so much all of you...
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