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Tax Audit is compulsory to whom?

Answers were Sorted based on User's Feedback



Tax Audit is compulsory to whom?..

Answer / thakur

Tax audit limit has been enhanced from f.y. 10-11
it is now 60.00 lac annual

Is This Answer Correct ?    29 Yes 3 No

Tax Audit is compulsory to whom?..

Answer / rajkumar jankar

tax audit is compulsory for those who are having the
turnover exceeding 60,00,000.(F.Y. 10-11) they have to do
the tax audit compulsory

Is This Answer Correct ?    21 Yes 2 No

Tax Audit is compulsory to whom?..

Answer / kamlesh

tax audit is complusory for those who have turnover of 1
carore

Is This Answer Correct ?    12 Yes 1 No

Tax Audit is compulsory to whom?..

Answer / manojs

1.an assesee who's carrying business where his sales or
gross receipts is more than 40 lakhs
2. a person carrying profession who's income is more than
10 lakhs
3.a person falling under44ab, af,br,declaring lower income
than prescribed above

Is This Answer Correct ?    19 Yes 11 No

Tax Audit is compulsory to whom?..

Answer / sujay

Tax audit limit for Profession has been enhanced from f.y.
10-11 it is now 15.00 lac annual

Is This Answer Correct ?    12 Yes 4 No

Tax Audit is compulsory to whom?..

Answer / vikas mittal

tax audit is compulsary to exceed turn over 1 crore and 2500000 rs exceed for professional.

Is This Answer Correct ?    9 Yes 1 No

Tax Audit is compulsory to whom?..

Answer / jagriti

tax audit is complusory for those who have turnover of 60
lacs in case of business and receipts of 15 lacs in case of
profession.

Is This Answer Correct ?    10 Yes 3 No

Tax Audit is compulsory to whom?..

Answer / subhas

PLEASE CORRECT ANSWER AVAILABEL

Is This Answer Correct ?    3 Yes 0 No

Tax Audit is compulsory to whom?..

Answer / shirisha

tax audit is compulsory for those who are having the
turnover exceeding 40,00,000. they have to do the tax
audit compulsory.

Is This Answer Correct ?    12 Yes 10 No

Tax Audit is compulsory to whom?..

Answer / gajanan

for proffession it is rs.1500000
and those whose turnover exceeding rs.6000000 tax audit is applicable..

Is This Answer Correct ?    2 Yes 0 No

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