Tax audit
This query is : Resolved
01 February 2015
sir,
I receive commission on
recharge of mobile balances @2% from xyz co and yearly recharges are around 25 cr.so Am I liable for tax audit and under business or service if yes...
CA PARAS BAFNA
(Expert)
01 February 2015
Commission Income is around 50 lacs. This is a business and turnover limit for the purpose of tax audit is Rs. 1 Crore.
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