Previal of sec 143 or regulation or sec 288 of it act

Questions › Category: CA-Final Prof Ethics › Previal of sec 143 or regulation or sec 288 of it act

deepakmunjal asked 5 years ago

In prof ethics
Does sec 143 indebtness limit RS 500000
Of cgg 2008 limit RS 10000
Sec 288 RS 100000
Which one is correct limit

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1 Answers

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Ravi Staff answered 5 years ago

Council Guidelines clearly says of any limit is specified in law that will be applicable else follow 10,000
So
For company audit — 5,00,000
For tax audit — Zero, limit of 1,00,000 is for relatives
For internal audit , gst audit etc — 10,000