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
CMA Ramesh Krishnan
(Expert)
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
CA. Anoop Gadia
(Expert)
27 August 2011
Salary income is not liable for any audit.
CMA Arif Farooqui
(Expert)
27 August 2011
no audit required in case assessee is salary employee,
CA Ravi Sisodia
(Expert)
27 August 2011
Tax audit will be applicable on business and profession income not for salary income.
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