Clarification on income from profession


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Querist : Anonymous

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Querist : Anonymous (Querist)
23 August 2011 plz tell me whether income from management consultancy comes under business or profession? what limits will be applicable for audit?

23 August 2011 Management consultant coming under professional category

23 August 2011 TAx Audit Limit Applicable for Profession
For AY 2011-12 is 15.00 lacs.


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