44ab tax audit applicability
This query is : Resolved
21 May 2015
Is Tax audit applicable in case of commissioned basis sales?
1) If commission received is less than 1 crore. but however the commission sales exceeds Rs. 1 crore p. a.
1) If commission received is less than 1 crore. but however the commission sales exceeds Rs. 1 crore p. a.
21 May 2015
if commission recieved is less then 1 crore then no tax audit is applicable u/s 44AB.
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