https://www.taxtmi.com/acts?id=11446 Amendment raises the statutory turnover thresholds that trigger the mandatory tax audit under section 44AB. With effect from the specified assessment year beginning 1st April, 2011, the amendment increases the turnover thresholds in clause (a) and clause (b) by substituting the earlier figures with higher amounts, thereby changing which taxpayers are subject to the audit requirement under the Income-tax Act. en-us Tue, 11 May 2010 13:42:54 +0530 Tue, 11 May 2010 13:42:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11446 Amendment raises the statutory turnover thresholds that trigger the mandatory tax audit under section 44AB. With effect from the specified assessment year beginning 1st April, 2011, the amendment increases the turnover thresholds in clause (a) and clause (b) by substituting the earlier figures with higher amounts, thereby changing which taxpayers are subject to the audit requirement under the Income-tax Act. Act-Rules F. Acts / Amendment Acts Tue, 11 May 2010 13:42:54 +0530 https://www.taxtmi.com/acts?id=11446