44 AB TAX AUDIT
piyush gupta (student) (121 Points)
25 July 2017
please provide with turnover limit after which tax audit is must.
2 Replies
himanshu
(article assistant)
(56 Points)
Replied 25 July 2017
as per section 44AB, for business it is 2 crore and for profession it is 50 lakhs
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 26 July 2017
u/s 44AB limit is 1cr.
u/s 44AD limit is 2cr...
u/s 44AD limit is 2cr...
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