44 ab
This query is : Resolved
07 September 2012
i am commission agent getting Rs. 17,00,000/- commission (Receipts) in this year (AY - 2012-13). whether i am coming under 44 AB or not?
07 September 2012
No; you are not come under section 44AB. As per ICAI guidelines on tax audit for the commission agents tax audit turnover is Rs.60 lacs gross commission.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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