Audit u/s 44 ab
This query is : Resolved
Bhavesh Adwani
(Querist)
11 March 2014
Assessee has income from running call centre to give tips on share script. Is it considered as business or progression? Gross receipt is 31 lac . Whether he is liable to audit?
Nikhil Kaushik
(Expert)
12 March 2014
depends on what your call center does. if it is predominantly related to application of brains, it can be included in profession. in such as scenario tax audit should apply.
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