44ab limit for outsourcing services

Kishan Vasantrai Kavadia (Article Assistant) (46 Points)

12 September 2016  

Hello,

One of our Clients Provide Architectural Design Services To its Foreign Parent Company.

It is having turnover of 75 Lakhs, so will Tax audit under 44AB be applicable to it considering as Profession or Limit will be 1 Crore.

Thanks