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To
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Honarable Fin Minister P.Chidambaram Ji == ==
editThis is Very Surprise news as the from Past Several years record it has been seem that
Income Tax Limit is increased from 40,000 to 1,10,000/- for Individual and for Woman 40,000 to 1,45,000/-
But our Hon. Minister P Chidambaram has not noticed or never think for to Tax Audit Limit from 40.00 Lacs to atleasdt 80.00 lacs
As Income Slabs increase by 2.75 Times near about 3 times increased
but Tax Audit Limit is not increase
As per my opinon in Incrase in inflation 40.00 lacs T/O is nominal and itis not possible to have accountant for completing accounting etc work
It is further maintainance of accounts shall also be increased from 5.00 lacs to 10.00 lacs