For person carrying on profession, tax audit is compulsory, if the gross receipts of the previous year exceeds
A. | Rs. 50 lakhs |
B. | Rs. 40 lakhs |
C. | Rs.10 lakhs |
D. | None of the above |
Answer : A Explanation : The tax audit limit for professionals is Rs 50 lakhs from FY 2016-17 onwards. |
|
Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |