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TAX AUDIT

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(Querist)
07 July 2009 Tax Audit For Placement agency & Advertising agency whether limit is 10 lakhs or 40 lakhs u/s 44AB
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Ratan Sharma

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Ratan Sharma (Expert)
07 July 2009 Hi,
As it is not a specified profession therefore the limit of Rs. 40 lacs will apply for 44AB.
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
07 July 2009 40 lakhs
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jeetu

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jeetu (Querist)
08 July 2009 Respected Sir,

Please can u send me any case laws or any evidence supporting your view ie 40 lakh limit apply to Advertising & Placement agency.
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