Commission income
This query is : Resolved
shivam jain
(Querist)
28 June 2018
my 1 client is engaged in commission business of agriculture produce......he is earning total income of 7,00,000 in F.Y 2017-18....its his 1st year of this business ....whether he would be liable for tax audit ?????
28 June 2018
Tax Audit is applicable only if Turnover or Gross Receipts exceeds One Crore rupees in a year.
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