Applicability of Tax Audit u/s 44AB

Sachin B. Gupta (Service) (45 Points)

14 June 2010  

Hi,

Turnover for the applicability of tax audit for the business is whether inclusive of Service tax figure or net of service tax.

(for A.Y. 2010-2011)

Eg.  Fees Received for the year    Rs. 39,00,0000

       Service Tax on the above        Rs. 4,01,700

Aggregate Fees received Rs. 43,01,700/-

If anybody can help me in this matter, plaese do the needful.

Thanks,

Sachin Gupta