31/05/2018 Financial & Legal Services
Tax Audit is applicable where the Income/ Turnover of Tax payer exceeds prescribed limit as may be defined by the government from time to time. Tax Audit Limit for the A.Y 2018-19 is as follows:
In case of Business Rs.2 Crore
In case of Professional Rs.25 Lakhs
Know more info visit https://enterslice.com/tax-audit
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