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Tax audit (Income Tax)

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This query is : Resolved


( Author )
18 August 2012

My Dought is pvt ltd company received professional fees of 28 lacs, tds on the same is deducted u/s 194J by deductor, whether this pvt ltd company liable is taxable........pls reply me....


B.Chackrapani Warrier

( Expert )
18 August 2012

Tax audit u/s 44AB of the IT Act,1961 is not required in view of the decision in Daljit Singh Eye Hospital Pvt Ltd's case reported in 90 ITD 235



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