Salary income if more then 60 lacs need required tax audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 August 2011
Dear Sir,
Need help if some one have Gross salary more than 60 lacs, required tax audit. u/s 44AB/AD
Need help if some one have Gross salary more than 60 lacs, required tax audit. u/s 44AB/AD
27 August 2011
Tax audit u/s. 44AB/AD apply for business & professional case, not on salaried case. so no tax audit apply on salary income more than Rs.60 lacs also
27 August 2011
Salary income is not liable for any audit.
27 August 2011
no audit required in case assessee is salary employee,
27 August 2011
Tax audit will be applicable on business and profession income not for salary income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Itr 1 processing
- Reporting Income under Section 44ADA
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Registration as Authorised Representative of minor
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
