TAX AUDIT
This query is : Resolved
CA PRAKASH M KHATRI
(Querist)
12 July 2011
WHAT IS THE TAX AUDIT LIMIT FOR BEAUTY PARLOUR SERVICES
Sanjeeva Reddy
(Expert)
12 July 2011
In case of person carrying on business the limit is Rs. 60 lakhs (Turnover or Gross Recipts).
In case of person carrying on profession the limit is Rs. 15 lakhs (gross receipts).
Beauty paralour services comes under profession.
In case of person carrying on profession the limit is Rs. 15 lakhs (gross receipts).
Beauty paralour services comes under profession.
CA PRAKASH M KHATRI
(Querist)
12 July 2011
HOW DOES PARLOUR SERVICE COME UNDER THE PROFESSION IT IS JUST A SERVICE INDUSTRY WITHOUT HAVING ANY REQUIREMENT OF PROFESSION . ANY BODY CAN START THIS SERVICE WITHOUT HAVING QUALIFICATION REQUIREMENTS.
AS PER MY OPINION Beauty paralour services Do not come under profession
AS PER MY OPINION Beauty paralour services Do not come under profession
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