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commission income from icici bank excced rs. 11lacs

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(Querist)
04 September 2007 Wether tax audit is applicable where commission income exceeds rs.11lacs as same can be considered income from profession.
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CMA Gul S

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CMA Gul S (Expert)
05 September 2007 No Tax Audit will not be appicable as this is your busines income and not your protessional Income
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