What is the limit for Tax Audit u/s 44AB as relevant for November 2010?
2 Replies
NUKUL GARG
(Senior Associate Consultant)
(1231 Points)
Replied 29 September 2010
In case of Business-
Total sales or Gross Receipts exceeds 40,00,000 rs.
In case of Profession-
Gross Receipts are more than 10,00,000 rs.
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