Tax Audit and 44AD Limit Increased to 1 Crore !

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Tax audit limit enhanced by Finance Bill 2012-13 . It is good news for all as the limit up to which a person can file tax return u/s 44AD has been enhanced to 1 Crore . Along with this good amendment, the limit for turnover upto which tax audit is not required  has also been…

About Prashant Thakur
The author has spent twenty years with Income Tax department and desire to service common citizen of India which include professionals like tax practioners ,CA,ICMA, CS and tax lawyers by advising them on the direct tax matters for a very affordable fee.

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