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TAx AUDIT LIMIT U/S 44AB
by Sajid Khan on Feb 11, 2010 01:03 PM   Permalink | Hide replies

The Tax Audit limit u/s 44AB is RS. 40lakh from 1986 it should be increased to atleast 1 crore to businessmen

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  Re: TAx AUDIT LIMIT U/S 44AB
by ananth prasad on Feb 11, 2010 02:15 PM   Permalink
yes bosss,, pranab babu it looks sensible to hike the ceiling from 40lac to 1 crore

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  Re: TAx AUDIT LIMIT U/S 44AB
by jayadevan KN on Feb 11, 2010 01:09 PM   Permalink
yeah it is absolutely essential for businesman from 40 lakh to 1 crore and for professional 10 lakh to 25 lakh

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  Re: TAx AUDIT LIMIT U/S 44AB
by ananth prasad on Feb 11, 2010 02:15 PM   Permalink
yes bosss,, pranab babu it looks sensible to hike the ceiling from 40lac to 1 crore

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  Re: TAx AUDIT LIMIT U/S 44AB
by jayadevan KN on Feb 11, 2010 01:10 PM   Permalink
yeah it is absolutely essential for businesman from 40 lakh to 1 crore and for professional 10 lakh to 25 lakh

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http://business.rediff.com/business/2010/feb/01/your-say.html