194 h audit limit

This query is : Resolved 

05 May 2012 My client has commision income under 194H of Rs. 23,00,000 (Working as sinior commision agent/member of Maitreya Plotters & Structures Pvt. Ltd. & he has many agents & sub-agent under him on whose buisines he gets such commision).....

He dont filled his ITR-4 till time for A.Y.11-12....whether he was required to do his Audit...?

Also he dont maintain any books....also due date is also expired for audit & ITR filling......So can any expert guide me of what to do...in such case.

05 May 2012 For him, the audit limit is Rs. 60 lakhs. He can file belated return of income in the form ITR 4.

13 May 2012 HOW MUCH EXPENSES HE CAN CLAIM...?

14 May 2012 Actual expenses incurred by him for the purpose of his business.


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