Tax audit applicable if a person getting salary > 25lakh?
This query is : Resolved
N S RAMCHANDAR
(Querist)
12 September 2015
tax audit applicable if a person getting salary
12 September 2015
No. Tax Audit not applicable for Salaried Person.
12 September 2015
But, if the individual derives salary from a partnership ship firm in the capacity of a 'working partner' tax audit applies. Decision of ITAT, Kolkata in Usha.A. Narayanan's case can be referred .
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