https://www.taxtmi.com/acts?id=11279 The provision increases the mandatory audit thresholds under section 44AB by raising the turnover threshold for persons carrying on business and the gross receipts threshold for persons carrying on profession, thereby narrowing the classes of taxpayers required to obtain an accountant's audit; these amendments take effect from the stated commencement date and apply to the relevant assessment year and subsequent years. en-us Fri, 26 Feb 2010 19:34:09 +0530 Fri, 26 Feb 2010 19:34:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11279 The provision increases the mandatory audit thresholds under section 44AB by raising the turnover threshold for persons carrying on business and the gross receipts threshold for persons carrying on profession, thereby narrowing the classes of taxpayers required to obtain an accountant's audit; these amendments take effect from the stated commencement date and apply to the relevant assessment year and subsequent years. Act-Rules Bills Fri, 26 Feb 2010 19:34:09 +0530 https://www.taxtmi.com/acts?id=11279