alleryStart learning →Basic turnover limit above which a business must get tax audit under 44AB(a)?
ARs 50 lakh
BRs 1 crore
CRs 25 lakh
DRs 2 crore
Answer & Solution
Correct answer: B. Rs 1 crore
Section 44AB(a) requires audit when business turnover exceeds one crore rupees in the previous year.
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