Applicability of audit u/s 44ab
This query is : Resolved
24 August 2018
I am providing Manpower Service. Turnover is Rs.74 Lacs for F.Y.2017-18,
So my question is whether my books got compulsory audit as my turn over greater than 50 lacs, consider be that manpower service fall under profession. is it true?
So my question is whether my books got compulsory audit as my turn over greater than 50 lacs, consider be that manpower service fall under profession. is it true?
25 August 2018
As per my view.,
It's not under professional definition.
25 August 2018
Manpower supply is not covered with in the meaning of term profession u/s 44AA of Income Tax Act, 1961.
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