Tax audit limit raised to 60 lakhs and section 44ad & 44ae

Valerian Dsouza (Manager Audit & Taxation)   (413 Points)

19 October 2011  

Dear Sir or Madam

 

Tax Audit limit Raised to 60 lakhs per annum (financial year) and Section 44AD & 44AE is for assessment year 2011-12

or 2012-13 ?

Kindly advice please, Thank you very much for your help.

Regards,

Valerian D'souza