audit
This query is : Resolved
06 September 2009
i am a propiter of hotel total rent received 25 lacs whether in this case tax audit will be compalsary or not
CA CHINTAN AJMERA
(Expert)
06 September 2009
It is not income from profeesion. It is business income so tax audit is not compulsory because turnover is less then 40 lakhs.
CA Suresh Choudhary
(Expert)
06 September 2009
agree
Aditya Maheshwari
(Expert)
06 September 2009
NOt liable
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