Tax Audit under income tax
Yasir (article assistant ) (466 Points)
14 May 2020
what is the turnover limit for an individual under income tax audit
5 Replies
Asha Kanta Sharma
(Manager - Finance & Accounts)
(36355 Points)
Replied 14 May 2020
It is 1 Crore for Business and 50 Lacs for Professionals
Asha Kanta Sharma
(Manager - Finance & Accounts)
(36355 Points)
Replied 14 May 2020
It is 1 Crore for Business and 50 Lacs for Professionals
Asha Kanta Sharma
(Manager - Finance & Accounts)
(36355 Points)
Replied 14 May 2020
It is 1 Crore for Business and 50 Lacs for Professionals
Padmanabhan
(Student)
(1321 Points)
Replied 07 June 2020
Turnover or gross receipts is to be taken in to consideration for 1 crore.
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