44AB
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 September 2010
A proprietor is having business in two different names. Turnover in both the above buss is as under:
1st - approx Rs.32 lacs
2nd - approx.Rs.38 lacs
Whether the proprietor is liable for tax audit under section 44AB for the AY 2010-11? Income from both the businesses will be shown in the computation of income
Pl let me know as the due date is approaching
1st - approx Rs.32 lacs
2nd - approx.Rs.38 lacs
Whether the proprietor is liable for tax audit under section 44AB for the AY 2010-11? Income from both the businesses will be shown in the computation of income
Pl let me know as the due date is approaching
26 September 2010
yes proprietor is liable for tax audit
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