Threshold limit for getting books of accounts audited u/s 44AB - Limit enhanced from 1 Crore Rupees to 2 Crore Rupees in case of a person who declares profits and gains for the previous year u/s 44AD - Budget 2017-18 w.e.f. AY 2017-18 (Retrospective)

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.... Budget 2017-18 w.e.f. AY 2017-18 (Retrospective)<br>Clause - 020 - Amendment of section 44AB. THE FINANCE BILL, 2017<br>Bill <br>Act-Rules<br>Dated:- 3-2-2017<br>Clause - 020 - Amendment of section ....

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....he case may be, exceed or exceeds one crore rupees. It is proposed to amend the said section so as to insert a new proviso to provide that this section shall not apply to the person, who declares pro....