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Tax audit

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(Querist)
11 May 2013 Private Limited Company providing Software development services outside india and have a receipt of Rs. 26 Lakhs during 2012-13 ...
So whether company is liable for tax audit ????
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
06 September 2013 yes. liable to tax audit, since the professional income exceeding Rs.25 lakhs
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
06 September 2013 yes. applicable
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