44ab
by sudhakar padmanabha on Feb 04, 2010 11:36 PM

sir,
u/s.44ab,businesses having a t.o.of more than 40lacs come under tax audit.this limit was fixed more than35yrs ago.given the current growth,please hike this limit to rs 1 crore,so that small enterprises will not be harassed by tax officials.

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